Public Service Co. of Colorado, owned by Xcel Energy, is proposing a new energy initiative designed to impose significant costs on ratepayers and implement policies that are not in the best interest of consumers.
It isn’t bad enough that two million Ohioans who receive Social Security checks have been denied a Cost of Living Adjustment (COLA) for the year ahead after being told the higher prices they are paying for food and medicine don’t count as inflation. Now they might have to endure a hike in their electric bills, too, just in time for colder weather and the holidays.
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:
AARP Ohio opposes an unnecessary and costly First Energy proposal, now pending before the Public Utilities Commission of Ohio (PUCO), which would force customers to subsidize some of its power plants through a surcharge on their electric bills. The added fee would cost customers an estimated $3 billion over the next 15 years.
Recently Oprah did an interview with Howard Schultz, CEO of Starbucks. Other than his amazing life story, the most important detail for me is how he is leading his company by his vulnerability. Vulnerability was been a work spoken in whispered tones, and only related to women. Yes, indeed, women know vulnerability. For a CEO to cry before his Board of Directors and thousands of employees has offered a profound shift in leadership.
As another sweltering summer is predicted for the state, AARP is reminding residents who have limited incomes that help is available to keep the air conditioning on.
Search AARP States
Sign Up & Stay Connected