AEP vs Firstenergy Solutions Corp

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Cindy

Van Wert, OH

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#1
Jul 25, 2012
 
Tried to post this before but it did not go thru??? What's is the deal with AEP customers receiving a letter that they have chosen to switch to Firstenergy Solutions Corp.? I never agreed to switch nor did anyone else who received the letter. Is that legal, can they do that? Are the rates going to be cheaper? Who can answer these questions? AEP was very reluctant to answer any of my questions. Think it is time for us to call PUCO and maybe they can tell us what is going on.
city at it again

Van Wert, OH

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#2
Jul 26, 2012
 
van wert city/county went ahead and signed everyone to FEC, you received a letter if you wanted to "opt out" and stay with AEP that you had to sign and mail back to FEC, now, they, FEC were giving a rate reduction from what AEP was currently charging, locked in until 2014 because the community as a whole would probably be on board, of which the county/city receives a percentage of the profits. They called it aggregation. I signed my letter, sent it back to stay with AEP. AEP is still going to charge for transmission of the power even if you go with FEC, After 2014 no one knows what the FEC rates will be, plus, how much of a % the city/county gets to make the rate higher.
helper

Van Wert, OH

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#3
Jul 26, 2012
 

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Cindy wrote:
Tried to post this before but it did not go thru??? What's is the deal with AEP customers receiving a letter that they have chosen to switch to Firstenergy Solutions Corp.? I never agreed to switch nor did anyone else who received the letter. Is that legal, can they do that? Are the rates going to be cheaper? Who can answer these questions? AEP was very reluctant to answer any of my questions. Think it is time for us to call PUCO and maybe they can tell us what is going on.
They sent another letter that explained everything and how to opt out. Most people I am assuming ignored this. This is the electric aggregation that the residents use to buy power in bulk. It should be cheaper for almost everyone. also the price is locked in for I believe 5 years. You can opt out by calling a certain number. It was all on the original paper they sent. You should save a little bit of money. It cost 20 dollars to opt out now if I am not mistaken. On average with current prices, you should save like 10 to 15 dollars on a 100 dollar or so bill. Also try looking at your june or july bill. It might show a killowatt price that you would have to have to save money based on that bill. Mine was worth it. This was sort of a note from AEP stating it but hoping that everyone would miss it or not know what it was for.
just saying

Van Wert, OH

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#4
Jul 26, 2012
 

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The first notice wassent out in what looked like a junk mail envelope, therefore many probably overlooked it. I know I put it on my junk mail pile to be shredded and just happened to open it. if you read fine print that enrgy choice charges for early termination if you move or get shut off for failure to pay your bill. Evidently no one in this town struggles to pay their bills and we all have great paying jobs. And before you make a stupid comment about wanting a handout,,,I am not on public assistance!! I pay my own way!
just sayn

Van Wert, OH

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#5
Jul 26, 2012
 
I just called the number on the last letter and it didn't cost me anything to block them from changing.
Cindy

Van Wert, OH

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#6
Jul 26, 2012
 

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Just talked to a commissioner and he said it was on the November ballot and was voted in. He says we should save at least 20% by going with the new company. He explained it very well if anyone wants to call them for any more info about it. Hope it is as good as it sounds. I do think AEP rates have been somewhat high this last year.

Since: Sep 11

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#7
Jul 26, 2012
 

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Cindy wrote:
Just talked to a commissioner and he said it was on the November ballot and was voted in. He says we should save at least 20% by going with the new company. He explained it very well if anyone wants to call them for any more info about it. Hope it is as good as it sounds. I do think AEP rates have been somewhat high this last year.
Did the commissioner also tell you about the cash back the county and city will get for everyone they switch over to First Energy? Knowing the internal problems that First Energy has had, I believe it's not a wise move. Remember the massive blackout in 2001 that took out 40 million customers - all because FE hadn't kept up on maintenence? Electrical aggregation is FE's way of generating extra income to repair their problems. More importantly, I've got a problem when government, in this case our county commissioners, believe that I'm too stupid to handle my own business affairs.
Dick Tracy

Paulding, OH

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#8
Jul 26, 2012
 

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Kirby:

Just curious where you were hiding before the elections? All of the info you post on here seems to have excellent research and knowledge to it, yet I didn't see you hardly campaigning at all. Why?

From what I have read, you would made an excellent mayor, but then again, so would my dog versus farmer!
rwb

Van Wert, OH

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#9
Jul 26, 2012
 
Yes Cindy, you are right. It was put on the ballot.
http://timesbulletin.com/main.asp...
This is an article after it passed.
http://timesbulletin.com/main.asp...
more info:
http://timesbulletin.com/main.asp...
Cindy

Van Wert, OH

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#10
Jul 26, 2012
 
Now I am even more confused. I do think Kirby is very knowledgeable about this subject. Do not know whether to stay with AEP or switch. I tend to agree with Kirby that the commissioners were out of line in making our minds up for us. I am sure there are many like myself that threw away the letters concerning this, as we thought it was junk mail and shame on me for not voting. We have till the 28th of July to make a decision, and that is tomorrow.

Since: Sep 11

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#11
Jul 26, 2012
 

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Cindy wrote:
Now I am even more confused. I do think Kirby is very knowledgeable about this subject. Do not know whether to stay with AEP or switch. I tend to agree with Kirby that the commissioners were out of line in making our minds up for us. I am sure there are many like myself that threw away the letters concerning this, as we thought it was junk mail and shame on me for not voting. We have till the 28th of July to make a decision, and that is tomorrow.
The biggest drawback to many is that if you switch to FE, you'll not be able to be on a budget plan. This is especially hard on those on a fixed income.
Fixed Income

Mansfield, OH

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#12
Jul 26, 2012
 

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Come on, aren't we all on a "fixed income". Come on, I am sick and tired of all the talk of fixed income. I work 40 hours a week and guess what, I am on a so called fixed income. If you don't get out and vote, I learned at a ripe young age you surely can't complain about it. It was on the ballot so nobody has a right to play the blame game on the county commissioners. This blame game stuff is for the birds. Read up on important things and do your civic duty when it is time. Everybody is out to make a buck aren't they? Yes, even you!!
it is fixed

Van Wert, OH

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#13
Jul 26, 2012
 

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Fixed Income wrote:
Come on, aren't we all on a "fixed income". Come on, I am sick and tired of all the talk of fixed income. I work 40 hours a week and guess what, I am on a so called fixed income. If you don't get out and vote, I learned at a ripe young age you surely can't complain about it. It was on the ballot so nobody has a right to play the blame game on the county commissioners. This blame game stuff is for the birds. Read up on important things and do your civic duty when it is time. Everybody is out to make a buck aren't they? Yes, even you!!
so, it maybe a hardship for you if you can't have a budget pay plan, right? I am fairly up on the news, however when I voted on it was vague as to what was going on, and I didn't remember seeing anything in detail explaining it, either before voting time or on the ballot, so, maybe even putting it on the ballot was questionable.

Since: Sep 11

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#14
Jul 26, 2012
 

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it is fixed wrote:
<quoted text>so, it maybe a hardship for you if you can't have a budget pay plan, right? I am fairly up on the news, however when I voted on it was vague as to what was going on, and I didn't remember seeing anything in detail explaining it, either before voting time or on the ballot, so, maybe even putting it on the ballot was questionable.
The ballot issue was more of a request to allow the Commissioners
to bargin for the citizens for the best deal. The reason no details where given was because there was no details. Even when they had the meetings at the fair grounds to "explain" the lack of details was troubling to many of those in attendence.
helper

Van Wert, OH

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#15
Jul 26, 2012
 

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Who really cares? It is optional. No one is forcing you to join it. It will save me about $20 a month. If at any point you wish to stop being in the aggregate, you simply pay the small fee and opt back out. Really nothing to complain about. I say join up and if you don't save money anymore then just opt out.
questtion

Van Wert, OH

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#16
Jul 26, 2012
 

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helper wrote:
Who really cares? It is optional. No one is forcing you to join it. It will save me about $20 a month. If at any point you wish to stop being in the aggregate, you simply pay the small fee and opt back out. Really nothing to complain about. I say join up and if you don't save money anymore then just opt out.
how much is the small fee if you decide to stop being "aggravated" later? plus, I think you have agreed to the contract until 2014, how did you figure your savings? if AEP is still billing for transmission of the power, what is stopping them from raising transmission fees for people who aren't using their electricity? which could nullify any savings and end up costing you more?
helper

Van Wert, OH

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#17
Jul 26, 2012
 

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questtion wrote:
<quoted text>how much is the small fee if you decide to stop being "aggravated" later? plus, I think you have agreed to the contract until 2014, how did you figure your savings? if AEP is still billing for transmission of the power, what is stopping them from raising transmission fees for people who aren't using their electricity? which could nullify any savings and end up costing you more?
You can opt out at any time and I am not 100% on this but if I remember correctly it cost $20 to opt out later.

Aep has to charge the same transmission rates for everybody. They can't screw over people in the aggregrate. The aggregrate is essentially city residents coming together to negotiate a price as a group to purchase power from AEP. First energy is who we go through to do that. Essentially we are using our bulk group to get a bulk type of price. More leverage with several thousand than if I called and said "hey, I want a lower rate".
Hum

Bowling Green, OH

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#18
Jul 26, 2012
 
So if there is another power outage and your power to your house is knocked out who is aep going to restore first?$20 is not worth that chance, or the chance that my distribution, transmission, and other fees may very well go up. This whole situation is like saying if you don't vote, we will vote for you. Oh well it's your money, do what is right.
hum

Van Wert, OH

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#19
Jul 26, 2012
 

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Hum wrote:
So if there is another power outage and your power to your house is knocked out who is aep going to restore first?$20 is not worth that chance, or the chance that my distribution, transmission, and other fees may very well go up. This whole situation is like saying if you don't vote, we will vote for you. Oh well it's your money, do what is right.
So,let's see.... the power is knocked out and AEP is only going to fix the lines that lead to their customers' homes/businesses? That scenario is so ridiculous is makes me laugh to picture it.
......"Wait, no, Stan, don't hook up that line. Those people opted out!!".....
rumor

Van Wert, OH

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#20
Jul 27, 2012
 

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helper wrote:
<quoted text>
You can opt out at any time and I am not 100% on this but if I remember correctly it cost $20 to opt out later.
Aep has to charge the same transmission rates for everybody. They can't screw over people in the aggregrate. The aggregrate is essentially city residents coming together to negotiate a price as a group to purchase power from AEP. First energy is who we go through to do that. Essentially we are using our bulk group to get a bulk type of price. More leverage with several thousand than if I called and said "hey, I want a lower rate".
It's all rumor, I did not see any of this anywhere in the information I received through the mail, or the newspapers, someone, give a link to a direct written quote from a reliable source, please!

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