obama epa shuts down 127th coal fired electric plant

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“ I LOVE LIBERALS”

Since: Sep 11

Bellefontaine, OH

#1 Dec 20, 2012
Obama Shuts Down Coal Plant
Posted on December 20, 2012 by Conservative Byte

Coal took another serious hit Wednesday — in the heart of coal country.

American Electric Power, or A.E.P., the nation’s biggest consumer of coal, announced that it would shut its coal-burning boilers at the Big Sandy electric power plant near Louisa, Ky., a 1,100-megawatt facility that since the early 1960s has been burning coal that was mined locally.

Big Sandy this year became a symbol of the plight of the coal industry nationwide. Strict new environmental regulations are forcing large utilities to spend billions of dollars to retrofit old coal-burning plants or shut them down, replacing them in most cases with equipment that uses cleaner-burning natural gas.

A.E.P., which is based in Ohio, has repeatedly changed its mind over what to do with Big Sandy, a big employer in eastern Kentucky, both at the 120-employee plant itself and in the Appalachian-area coal mines that feed it 2.5 million tons of coal each year.

In May, the power company withdrew a plan to spent $1 billion to retrofit Big Sandy so that it could continue to operate. But that would have required a 31 percent increase in electricity rates for eastern Kentucky residents.

On Wednesday, A.E.P. announced that it would close both of the coal-burning furnaces at Big Sandy in 2015, but left open the possibility that one of the units would be retrofitted to use natural gas. Area residents, if the Kentucky Public Service Commission approves the plan, would see an 8 percent increase in their electricity rates — to replace Big Sandy’s production with electricity from West Virginia — much less than the earlier plan.

But the decision still hurts, said State Representative Rocky Adkins, a Democrat who represents the area.

“It’s kind of like we have had our heart and soul taken from us,” said Mr. Adkins, who also is the majority floor leader of the Kentucky House.“The impact on the economy here is just going to be devastating.”

This has been a bad year for the coal industry.

Continue Reading on www.nytimes.com ...

“ I LOVE LIBERALS”

Since: Sep 11

Bellefontaine, OH

#3 Dec 25, 2012
More jobs lost!!!

Since: Feb 11

Location hidden

#4 Dec 25, 2012
If natural gas is cheaper than coal, why an 8% increase in rates?
It's not like AEP did not know this was coming. So maybe, like other energy corporations, they are looking for a handout from the government in the form of some help to redo the plant.

AEP has some of the highest rates nationwide:

Columbus Dispatch
Dec 7, 2012
Utility regulators made the right call when they determined that American Electric Power made enough profit in 2009 to trigger a penalty, the Ohio Supreme Court said yesterday.

In a 6-1 decision, the court rejected AEP’s argument that the penalty was based on a law too vague to be enforceable. The court also disagreed with business groups and consumers advocates who had argued AEP should have faced a larger penalty than the $42 million it paid.

At issue in the case is a state law that says a regulated utility cannot earn “significantly excessive” profit.

The 2008 law gave utilities wide latitude to raise rates but also said the Public Utilities Commission of Ohio had the discretion to decide what constitutes excessive profit.

AEP “is incorrect, and we hold that the statute is constitutional,” the majority opinion said.

Terri Flora, an AEP spokeswoman, said she is pleased to see the case resolved.“Now we can move forward and know the rules of the road to run our business,” she said.

In 2009, the first year under the new law, AEP’s Columbus Southern Power subsidiary had by far the highest returns of any utility covered by the law and among the highest of any in the country.

The subsidiary had profit of $272 million that year, which translates to 21 cents for every dollar of shareholder investment.

After a long and contentious review, the PUCO said AEP’s profit was excessive and ordered the company to return $42 million to customers.

Justice Paul E. Pfeifer wrote a lengthy and impassioned dissent, agreeing with the business groups that AEP’s penalty should have been higher. The level of profit the PUCO allowed “is not forgivable,” he said.

“Our deference to — or, too often, our reliance on — the commission’s interpretation of statutes diminishes this court’s role in reviewing the commission’s determinations and shifts the balance too far in favor of the executive branch in the separation of powers,” he said.

“Ultimately, Ohio consumers pay the price for that deference.”

The penalty for excessive earnings was designed by the legislature to act as a check on the power of utilities to raise rates.

Supporters of the measure hoped it would lead to quick refunds for consumers. In practice, the law has led to a much slower process, marked by litigation and delay, and only a few dollars of benefit for a typical household.

The PUCO and the court took two years to resolve questions about AEP’s 2009 profit, and the PUCO has not said whether there will be a penalty for 2010 or 2011.

Two business groups, the Industrial Energy Users-Ohio and Ohio Energy Group; and a consumer advocate, the Office of the Ohio Consumers’ Counsel, each said AEP should have paid more than it did.

“We’re happy that the court affirmed a $42 million refund for consumers,” said Mike Kurtz, an attorney for Ohio Energy Group.“We were disappointed that the ... additional refund we were asking for was denied.”

“ I LOVE LIBERALS”

Since: Sep 11

Bellefontaine, OH

#5 Dec 25, 2012
Ironbutterfly wrote:
If natural gas is cheaper than coal, why an 8% increase in rates?
It's not like AEP did not know this was coming. So maybe, like other energy corporations, they are looking for a handout from the government in the form of some help to redo the plant.
AEP has some of the highest rates nationwide:
Columbus Dispatch
Dec 7, 2012
Utility regulators made the right call when they determined that American Electric Power made enough profit in 2009 to trigger a penalty, the Ohio Supreme Court said yesterday.
In a 6-1 decision, the court rejected AEP’s argument that the penalty was based on a law too vague to be enforceable. The court also disagreed with business groups and consumers advocates who had argued AEP should have faced a larger penalty than the $42 million it paid.
At issue in the case is a state law that says a regulated utility cannot earn “significantly excessive” profit.
The 2008 law gave utilities wide latitude to raise rates but also said the Public Utilities Commission of Ohio had the discretion to decide what constitutes excessive profit.
AEP “is incorrect, and we hold that the statute is constitutional,” the majority opinion said.
Terri Flora, an AEP spokeswoman, said she is pleased to see the case resolved.“Now we can move forward and know the rules of the road to run our business,” she said.
In 2009, the first year under the new law, AEP’s Columbus Southern Power subsidiary had by far the highest returns of any utility covered by the law and among the highest of any in the country.
The subsidiary had profit of $272 million that year, which translates to 21 cents for every dollar of shareholder investment.
After a long and contentious review, the PUCO said AEP’s profit was excessive and ordered the company to return $42 million to customers.
Justice Paul E. Pfeifer wrote a lengthy and impassioned dissent, agreeing with the business groups that AEP’s penalty should have been higher. The level of profit the PUCO allowed “is not forgivable,” he said.
“Our deference to — or, too often, our reliance on — the commission’s interpretation of statutes diminishes this court’s role in reviewing the commission’s determinations and shifts the balance too far in favor of the executive branch in the separation of powers,” he said.
“Ultimately, Ohio consumers pay the price for that deference.”
The penalty for excessive earnings was designed by the legislature to act as a check on the power of utilities to raise rates.
Supporters of the measure hoped it would lead to quick refunds for consumers. In practice, the law has led to a much slower process, marked by litigation and delay, and only a few dollars of benefit for a typical household.
The PUCO and the court took two years to resolve questions about AEP’s 2009 profit, and the PUCO has not said whether there will be a penalty for 2010 or 2011.
Two business groups, the Industrial Energy Users-Ohio and Ohio Energy Group; and a consumer advocate, the Office of the Ohio Consumers’ Counsel, each said AEP should have paid more than it did.
“We’re happy that the court affirmed a $42 million refund for consumers,” said Mike Kurtz, an attorney for Ohio Energy Group.“We were disappointed that the ... additional refund we were asking for was denied.”
I wonder what the "story" is on the other 126 plants.

Since: Feb 11

Location hidden

#6 Dec 25, 2012
When was the fist closing date of the 1st plant?
From that, it will not be difficult to explain why.

Since: Feb 11

Location hidden

#7 Dec 25, 2012
I also find it hard to believe that Obama shut down 127 plants. Care to provide some history.

Since: Feb 11

Location hidden

#8 Dec 26, 2012
And again...when one asks a tea party dude a question which they cannot answer, they simply start threads about 10 other untruthful topics.

Hate Obama....Love AEP.

“ I LOVE LIBERALS”

Since: Sep 11

Bellefontaine, OH

#9 Dec 26, 2012
Ironbutterfly wrote:
And again...when one asks a tea party dude a question which they cannot answer, they simply start threads about 10 other untruthful topics.
Hate Obama....Love AEP.
Like you did on this question? "I wonder what the "story" is on the other 126 plants?"

Since: Feb 11

Location hidden

#10 Dec 27, 2012
DON W SOUTH wrote:
<quoted text>
Like you did on this question? "I wonder what the "story" is on the other 126 plants?"
Ok Mr. Great Debater. You started this thread. You stated the number "127". It's your thread, dude. You should be able to provide the information. You're complaining about job loss, when it was your corporation, AEP, who pulled the plug. In your tea induced mind, this is Obama's fault. AEP, who also has been charged with "excessive" profits.

So what is the story on the other "126"??
Let me answer that for you...you don't know.

Same as your eastern Ohio coal operator who paraded his non union miners in a show of support for Romney. As soon as the election was over, he laid half of them off. This was also Obamas fault because Obama won the election.
Remember...it's all Obamas fault.
And also, one of your favs: Don't tax the rich.

“Think It Over”

Since: Jan 10

Marysville, OH

#11 Dec 27, 2012
Keeping the air clean and free of pollutants that don't sicken our children is a great victory when people's health is protected. In the long run, more jobs will be created than lost as the power plants invest millions $ to upgrade. Mercury poisoning is no picnic---it kills! Thinking in the long-term instead of for the short-term, adults will be spared losing years off their lives, and this will also spare the taxpayer''s enormous health care costs that come from mercury related illnesses. There will be less contaminated fish, too.
Debbie

Orient, OH

#12 Dec 27, 2012
Coal companies do not have a right to pollute the air me and my kids breathe. Just like I don't have a right to have a chicken farm next to your property.

Get it Don!
Debbie

Orient, OH

#13 Dec 27, 2012
Brain Drain wrote:
Keeping the air clean and free of pollutants that don't sicken our children is a great victory when people's health is protected. In the long run, more jobs will be created than lost as the power plants invest millions $ to upgrade. Mercury poisoning is no picnic---it kills! Thinking in the long-term instead of for the short-term, adults will be spared losing years off their lives, and this will also spare the taxpayer''s enormous health care costs that come from mercury related illnesses. There will be less contaminated fish, too.
The teabag type have a hard time thinking long term. That's why they don't brush their teeth and are dependent on govt for financial support.

“ I LOVE LIBERALS”

Since: Sep 11

Bellefontaine, OH

#14 Dec 27, 2012
Ironbutterfly wrote:
<quoted text>
Ok Mr. Great Debater. You started this thread. You stated the number "127". It's your thread, dude. You should be able to provide the information. You're complaining about job loss, when it was your corporation, AEP, who pulled the plug. In your tea induced mind, this is Obama's fault. AEP, who also has been charged with "excessive" profits.
So what is the story on the other "126"??
Let me answer that for you...you don't know.
Same as your eastern Ohio coal operator who paraded his non union miners in a show of support for Romney. As soon as the election was over, he laid half of them off. This was also Obamas fault because Obama won the election.
Remember...it's all Obamas fault.
And also, one of your favs: Don't tax the rich.
You do a good job of distorting issues, but OBAMA'S own words tell that he has a war on coal.
Debbie

Orient, OH

#15 Dec 27, 2012
DON W SOUTH wrote:
<quoted text>You do a good job of distorting issues, but OBAMA'S own words tell that he has a war on coal.
Typical

Since: Feb 11

Location hidden

#16 Dec 27, 2012
DON W SOUTH wrote:
<quoted text>You do a good job of distorting issues, but OBAMA'S own words tell that he has a war on coal.
And you do a great job of being completely clueless.....just posting republican right wing horse manure, even if it doesn't make sense. If the republicans say it, well, it must be true.
I'm not talking about OBAMA'S own words, I'm talking about half the stuff you post here, that you cannot explain.
You & pollster have alot in common. You both belong to the tea party & you both are a few bricks shy of a full load. Birds of a feather.

“ I LOVE LIBERALS”

Since: Sep 11

Bellefontaine, OH

#17 Dec 27, 2012
Ironbutterfly wrote:
<quoted text>
And you do a great job of being completely clueless.....just posting republican right wing horse manure, even if it doesn't make sense. If the republicans say it, well, it must be true.
I'm not talking about OBAMA'S own words, I'm talking about half the stuff you post here, that you cannot explain.
You & pollster have alot in common. You both belong to the tea party & you both are a few bricks shy of a full load. Birds of a feather.
Why aren't you "talking about Obama's own words?"
Sandie

Bellefontaine, OH

#18 Dec 27, 2012
Ironbutterfly wrote:
<quoted text>
And you do a great job of being completely clueless.....just posting republican right wing horse manure, even if it doesn't make sense. If the republicans say it, well, it must be true.
I'm not talking about OBAMA'S own words, I'm talking about half the stuff you post here, that you cannot explain.
You & pollster have alot in common. You both belong to the tea party & you both are a few bricks shy of a full load. Birds of a feather.
OMG, on another thread I just said "birds of a feather flock together." Now that Idiot Ethel is going to think because you said 'birds of a feather," it's her absolute proof that you are also Debbie, Michelle, me, and the fake DS. Welcome to Ethel's delusional world of illogical reasoning.
Sandie

Bellefontaine, OH

#19 Dec 27, 2012
I guess to neo-con people like Don, it is more important to maintain profits than to be concerned whether or not air and water quality and people remain healthy.

Since: Feb 11

Location hidden

#20 Dec 27, 2012
Sandie wrote:
<quoted text> OMG, on another thread I just said "birds of a feather flock together." Now that Idiot Ethel is going to think because you said 'birds of a feather," it's her absolute proof that you are also Debbie, Michelle, me, and the fake DS. Welcome to Ethel's delusional world of illogical reasoning.
OK. If you must know. I am Don W. South. We have multiple personalities.
Sandie

Bellefontaine, OH

#21 Dec 27, 2012
Ironbutterfly wrote:
<quoted text>
OK. If you must know. I am Don W. South. We have multiple personalities.
Don't let her hear you say this. She won't realize you are only teasing, but will take you seriously and think she's discovered the true identity of the fake Don South.

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