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 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:
AARP Ohio opposed the subsidy proposed by American Electric Power, and this morning issued the following statement from Bill Sundermeyer, who leads government affairs work for AARP Ohio:
American Electric Power—which operates Appalachian Power and Wheeling Power—has asked the Public Service Commission (PSC) of West Virginia to approve a $226 million rate hike to improve infrastructure and recover from storm damage. The rate hike could raise monthly bills by 17 percent on average for about 477,000 customers in 24 counties.
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