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#24 Jul 31, 2009
On the Grandfathered rates - it looks like First Energy / Ohio Edision was able to throw them out. Now they are thousands of households paying nearly double we were paying. The rate has gone from 4.0 kWh to 7.41 kWh for the month of July. Ohio Edision has been raising the rates for the last 3 months. First Energy never had trouble making money when it was regulated. Now peolpe in Ohio are being screwed just like other states that de-regulated. I feel sorry for the older people this winter when they open up their bills. They probably don't notice as much now, but they will. So much for trying to rebuild Ohio - just another reason it will continue to go downhill.
#25 Jul 31, 2009
Its obvious that you work for or represent a large utility. I worked for a large Ohio electric utility now for almost 40 years. In the decade of the ninties they suspended a huge percent of their maintenance and tree trimming. They used the money to fund their gas transmission business and their power wheeling business and to purchase another large electric company.
They let the system run down and laid off numerous people and didn't replace any actual maint. or construction workers. By the year 2000 they distribution and transmission facilites were in terrible shape. They are now trying to catch up on the construction and some on maintenance
If it hadn't been for de-regulation and their lust to become another Enron not of it would have happened.
Starting in the early ninties we older employees could not believe what was happening to the company.
Never trust a utility to market based rates as they will shaft you every time. This company still gives employees a fat bonus every February and then poor mouths to the PUCO.
State regulation is the only way to go.
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