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AEP wants help with storm costs

Consumers react; average monthly fee around $3

January 11, 2013

American Electric Power is asking the Public Utilities Commission of Ohio (PUCO) to approve an additional monthly charge to customers’ bills to help recoup money spent to recover from the costly Jun......

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Comments

(19)

speakup

Jan-11-13 5:51 AM

If this is the route that the utility companies want to take to operate their business, then I would expect reimbursement for the $500.00 of frozen meats that I incurred for their lack of maintaining their antiquated equipment. Take the $36.00 but I want reimbursement of the balance. My insurance deductible is $500.00 so I took the hit. I want the balance back from the electric company in the amount of $464.00. What's good for the goose is good for the gander.

19 Agrees | 3 Disagrees | Report Abuse »

bwc511

Jan-11-13 8:13 AM

Baloney! What a business! They can't even prepare for a predictable, eventual event. These handouts are the ones that are bankrupting us!

12 Agrees | 2 Disagrees | Report Abuse »

bellboy1209

Jan-11-13 8:14 AM

So let me get this straight. They want us to pay for the repair cost since this was a non-normal storm outage. I wonder if I can ask others to pay for my home repairs when it is outside of "normal repairs". That is basically what AEP wants us to do. Maybe they can take that money out of their profits that are in the low billions.

16 Agrees | 2 Disagrees | Report Abuse »

TXBuckeye

Jan-11-13 9:45 AM

It seems many of the good citizens of Marietta have forgotten what a utility is supposed to be, a regulated company run for the benefit of those served.

Utilities are highly regulated and generally guaranteed a certain profit margin, always regulated to be a "modest" profit. ANYTHING they do, you the customer are eventually going to pay for (and with a small profit margin to boot).

Of course, you may keep that in mind for all your misguided "tax the rich" thoughts too, as all of the people eventually pay.

Zippity doo dah.......

8 Agrees | 3 Disagrees | Report Abuse »

luvthesouth

Jan-11-13 11:01 AM

TXBuckeye, you are correct in your comment. perhaps the citizens affected should blame PUCO since they did not forsee this and any other event that would cause disruption in the service. speakup and bellboy1209, perhaps you should have bought yourself a generator thereby alleviating yourself of the concern for your losses since the storms are so predictable. sort of short-sighted on your part don't you think?

5 Agrees | 2 Disagrees | Report Abuse »

samy07

Jan-11-13 11:01 AM

What ever happened to the cost of doing business? Used to be that when a business had a bad year shareholders saw no dividends...now they want to pass everything directly to the consumer through a surcharge so that their shareholders still receive dividends. Isn't that called welfare for the wealthy?

12 Agrees | 0 Disagrees | Report Abuse »

slogoin

Jan-11-13 11:05 AM

luv..we pay transportation fee's just for this type of damage

7 Agrees | 0 Disagrees | Report Abuse »

luvthesouth

Jan-11-13 11:19 AM

slogoin, thank you for the post. i find it interesting that PUCO would not remind AEP of that fact. i do question the transportaion fee especially considering the articles about the cost of barges and transporting on the river. that sounds like the purpose of the fee but feel free to correct me if i am mistaken.

4 Agrees | 1 Disagrees | Report Abuse »

luvthesouth

Jan-11-13 11:20 AM

samy07, unlike many businesses, you don't have a public board that you must gain permission for what you charge or your profit level. also, like many businesses...the consumer will pay in the end. it's just a matter of how much.

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voiceofreason1

Jan-11-13 11:26 AM

I don't have a problem about paying this fee, perhaps because the storm was something no one could prepare for. Even though I had no power for 8 days after the storm, I do think the AEP linemen went above and beyond to get service restored as quickly as possible.

What I DO have a problem with is paying for companies (Ormet is one) that have convinced PUCO the residential consumers need to subsidize THEIR electric rates. Why should I have to pay the electric bill for companies that are designed to make a profit? However, this is not an AEP issue--it lies directly at the PUCO platform and just goes to show how consumer unfriendly PUCO is.

11 Agrees | 0 Disagrees | Report Abuse »

Napster

Jan-11-13 1:24 PM

They should try obama............................

2 Agrees | 4 Disagrees | Report Abuse »

jerseymiller

Jan-11-13 2:04 PM

the aep also control the coal mines and the barges,this part of the business doesnt fall under the puco. they will get the money one way or the other.

5 Agrees | 0 Disagrees | Report Abuse »

riesling

Jan-11-13 3:21 PM

Power lines should be underground. This would avoid most of the trouble caused by storms.

8 Agrees | 0 Disagrees | Report Abuse »

riesling

Jan-11-13 3:21 PM

Power lines should be underground. This would avoid most of the trouble caused by storms.

5 Agrees | 0 Disagrees | Report Abuse »

truthandbelieve

Jan-11-13 3:38 PM

1 Agrees | 1 Disagrees | Report Abuse »

truthandbelieve

Jan-11-13 3:40 PM

AEP is not regulated though there are rates that need to be approved. It is a crock that they want to pass the costs on but they have been doing this for years. undergound plant would be nice, but the cost of burying it is very expensive.

4 Agrees | 1 Disagrees | Report Abuse »

dillion

Jan-11-13 4:24 PM

Why don't they have an insurance carrier for this, or is just a way to get back at the citizens for the multi million dollar jury trial that they lost.....

5 Agrees | 0 Disagrees | Report Abuse »

scrappile

Jan-11-13 8:09 PM

It`s SHOCKING, just SHOCKING, I tell ya the jolt it will give ya, when you have to really live by the FREE market system. Well I see that some things dont apply to citizens like AEP. "Guess thats somethin you wont understand."

7 Agrees | 0 Disagrees | Report Abuse »

irisheyes

Jan-11-13 10:02 PM

Baloney! Aep charges customers for these expenses on ur regular bills, they know these things happen and believe me they charge u in advance! Dont let this happen! As samy07 stated its their cost of doing business!

3 Agrees | 2 Disagrees | Report Abuse »

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