utilities

Ohioans oppose power plant bailouts

Posted on 01/29/2016 by | AARP Ohio | Comments

Advocacy Ohioans overwhelmingly oppose the agreements under consideration by the Public Utilities Commission of Ohio (PUCO) that would guarantee profits for older American Electric Power (AEP) and FirstEnergy power plants, according to two independent opinion polls. AARP Ohio and the Alliance for Energy Choice jointly released the opinion polling data to alert state policymakers that that they will hear from angry Ohioans if the PUCO approves charges costing households and businesses an estimated $6 billion over eight years. Earlier this week, …

Members urge PUCO to reject bailout

Posted on 01/13/2016 by | AARP Ohio | Comments

Advocacy With hearings resuming this week in Columbus, AARP is urging the Public Utilities Commission of Ohio to reject a proposed settlement with FirstEnergy that would grant the electric company an unprecedented $3.1 billion bailout. “The proposed settlement is a bad deal for consumers,” says Trey Addison of AARP Ohio. “It would add $10.50 per month to residential electric bills, every month, for the next eight years.” AARP points out the proposed rate hike would subsidize FirstEnergy’s deregulated merchant power plants …

Cap Customer Charges on Utility Bills

Posted on 01/1/2016 by | AARP Blog Author | Comments

Advocacy | Local Resources | Money & Work As utility companies continue to ask the state Public Service Commission (PSC) to approve rate hikes, AARP Missouri is asking that customer charges be capped. These monthly fixed fees—included in every residential customer’s bill—disproportionately penalize those who use little electricity. In 2015, Kansas City Power & Light asked to increase its customer charge to $25, up from $9, and to raise rates 15.8 percent overall. Consumer advocates and volunteers objected at public hearings, and their comments helped whittle the increases …

NY’s ESCOs Charged Highest Electric Prices in Nation Last Year; AARP Urges Probe

Posted on 12/28/2015 by | AARP New York | Comments

Advocacy | Press Charged NY Consumers 14% More than Utility Companies, Federal Data Shows ALBANY, N.Y. – With federal data showing New York’s energy service companies charged the highest residential electric prices in the nation last year – and 14% more than New York’s utility companies – AARP today called on state regulators to hold a hearing into unfair pricing. U.S. Energy Information Administration (EIA) data shows 2014 was no fluke; New York consumers paid at least 6.7% more to buy their electricity …

AARP Praises 35% Cut to LI Utility Rate Hike But Urges NY to Address Affordability

Posted on 12/17/2015 by | AARP New York | Comments

About AARP | Advocacy | Press Statement by Beth Finkel, State Director of AARP in New York State, on Approval of Long Island Power Authority 2016 Budget:          UNIONDALE, New York – “Given PSEG’s original request, AARP is pleased with the end result – and relieved for Long Islanders. We are glad LIPA was able to trim more than a third off what would have been an historically-high, $441 million three-year revenue increase. “Long Island utility consumers will still have to pay $287 million more over the …

AARP Ohio opposes bailout for AEP

Posted on 12/15/2015 by | AARP Ohio | Comments

Advocacy | Uncategorized AARP Ohio earlier testified against the subsidy proposed by American Electric Power (AEP), which the Public Utilities Commission of Ohio (PUCO) soundly rejected in February, and remains opposed to granting AEP a surcharge that will cost consumers an estimated $2 billion to bail out an aging coal plant, according to Trey Addison, who leads work on state utilities issues for AARP Ohio. He notes: “Ohio’s utilities cannot have it both ways – profiting from a competitive electric market with their …