We cant keep letting these power companies hold us all hostage !
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If they installed fuel cells they could cut they're cost by 50% and write off the fuel cells on they're taxes.With fuel cells they wouldn't have to convert the whole plant to Nat gas just run it to the fuel cells.
One thing to remember. Aluminum plants use tremendous amounts of electricity at whatever price. If the generating capacity isn't available what does it matter what the price is. With the number of coal fired units either shutdown or mothballed within the region, does the generating capacity actually exist to keep these plants up and running. Paying to subsidize is one thing, giving up all power to keep it running would be a whole other ballgame. Once the plant starts running one cannot shut it down till the process is complete. Stopping in mid process results in aluminum setting up solid in the buckets and freeing that solid is almost impossible, Shutting down power plants without replacement power on line and ready to replace it is asking for trouble and we are not ready to shut off our precious power to allow manufacturers prevail. This winter we were asked to conserve power due to the prevailing frigid conditions, would an aluminum plant or two (Ravenswood) been able to operate?
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Check the parking lots of any plant on the Ohio River and you will find cars from neighboring states at all of them. Ormet was not unique in where the workers were from.
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In a round about way, the subsidizers were overcharged, but since AEP gets to keep this , it just doesn't matter, AEP can keep $368 million in overcharges | Mansfield News Journal ... ****mansfieldnewsjournal****/.../AEP-can-keep-368-million-overcharge... Feb 14, 2014 - AEP can keep $368 million in overcharges ... But under Keco's no-refund rule, AEP is permitted to keep it, resulting in ... why customers might regard the ruling as unfair but that the company still thinks the charge was justified AEP can keep $368 million in overcharges | Mansfield News Journal ... ****mansfieldnewsjournal****/.../AEP-can-keep-368-million-overcharge... Feb 14, 2014 - AEP can keep $368 million in overcharges ... But under Keco's no-refund rule, AEP is permitted to keep it, resulting in ... why customers might regard the ruling as unfair but that the company still thinks the charge was justified
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jacsm1217 you are 100 percent right. Ormet is a mismanaged affair and they are trying to blame everyone but themselves. And did you know 700 of their employees live in WV ?? Why didn't the WV gov. help some? Especially since they will not hire many people from Ohio in WV !!
Did you read the article in the Dispatch about Ormet? It compared Century in Ky. with Ormet and basically Ormet was a loser from the beginning. Just how long are the expected to get help with their electric bill? It is not the governor's job to step in. When in business you either do well or close the doors after a certain point of time trying.
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Right, because Kasich is the job killer here. Sheep.
Was Ormet a Union plant? If so, there's a huge part of the problem.
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YES! Get Kasich and his cronnies out of office!!!
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Re-open the plant with team members who have individual contracts with the new owner for the wages and benefits that a modern aluminum processor can pay and remain solvent and profitable. Get the Feds and State red tape reduced so they can get all the needed energy to it. Allow area residents easy access to stock ownership interest and bonds for the new business.
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Only if the aluminum market gets much better. As an Ohio electricity rate payer I dont feel I should have to subsidize them anymore than I already am at $2.50 MORE a month !!
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