American Electric Power profits rise ...

American Electric Power profits rise 3% | The Columbus Dispatch

There are 20 comments on the Columbus Dispatch story from Apr 21, 2011, titled American Electric Power profits rise 3% | The Columbus Dispatch. In it, Columbus Dispatch reports that:

American Electric Power Co. Inc. says its first-quarter profit rose 3 percent, reflecting rate increases and its ongoing efforts to cut costs.

Join the discussion below, or Read more at Columbus Dispatch.

Connecting Dots

Beverly, OH

#1 Apr 21, 2011
Not surprising, given yesterday's story that stated:

"State utility regulators made errors that gave American Electric Power too much leeway to raise rates, the Ohio Supreme Court ruled yesterday."

Too bad the Dispatch didn't connect the dots.
Legal Rape

Columbus, OH

#2 Apr 21, 2011
Don't they always have record setting profits. Meanwhile their customers where overcharged, but a refund is out of the question and we continue to pay out the ass.
Lee

Haysi, VA

#3 Apr 21, 2011
I can't believe it's not more since they share the same bed with the PUCO!
Sad but true

Westerville, OH

#4 Apr 21, 2011
I'm shocked...
ramseyjames

Jackson, OH

#5 Apr 21, 2011
How could AEP ever lose any profits, the way they continue to rip-off their customers! Yesterdays article is proof of that!
enoughisenough

Waynesville, OH

#6 Apr 21, 2011
Wasn't it just yesterday that there was a discussion about them whining because they were asked to return the amount they have already OVERCHARGED their customers? Isn't that sort of like firing some teachers and giving the administrators a raise? My, my. Life is tough, isn't it.

Since: Jul 10

Lewis Center, OH

#7 Apr 21, 2011
I thought windmills were going to save us all.
Ohio Native

Pickerington, OH

#8 Apr 21, 2011
Remember AEP really means: After Every Penny!!
Educated One

Columbus, OH

#9 Apr 21, 2011
You cannot double speak folks. You want a cleaner environment? You think you won't pay for it? You want smoother roads - the road fairy going to come in the night and fix it for free? You may have wanted to watch the PBS special last night about electricity. You want your bill to go down? Turn off your lights at night, keep your TV off, turn down your AC and unplug your computer and appliances when not in use (coffee maker, etc). Or you can keep complaining while other states pay WAYYYY more than we do here in Ohio. Or you can tell your politicians to stop with this unproven global warming non-sense that forces these utilities to keep putting environmental controls on the plant that cost millions to billions that we ultimately pay for. We control our bill - no one else.
Joe

United States

#10 Apr 21, 2011
If you think we're ever going to get ahead of the utility companies, you're sadly mistaken!
columbus reader

Columbus, OH

#11 Apr 21, 2011
Educated One wrote:
You cannot double speak folks. You want a cleaner environment? You think you won't pay for it? You want smoother roads - the road fairy going to come in the night and fix it for free? You may have wanted to watch the PBS special last night about electricity. You want your bill to go down? Turn off your lights at night, keep your TV off, turn down your AC and unplug your computer and appliances when not in use (coffee maker, etc). Or you can keep complaining while other states pay WAYYYY more than we do here in Ohio. Or you can tell your politicians to stop with this unproven global warming non-sense that forces these utilities to keep putting environmental controls on the plant that cost millions to billions that we ultimately pay for. We control our bill - no one else.
I take it the extent of your education doesn't include reading yesterday's article.
enoughisenough

Waynesville, OH

#12 Apr 21, 2011
Connecting Dots wrote:
Not surprising, given yesterday's story that stated:
"State utility regulators made errors that gave American Electric Power too much leeway to raise rates, the Ohio Supreme Court ruled yesterday."
Too bad the Dispatch didn't connect the dots.
That's the problem with having only one daily newspaper with a decidely slanted opinion. Sure do miss the old Journal.
Pay my bill

Howard, OH

#13 Apr 21, 2011
Hell I thought the PUCO was there to keep them from making a profit.
Right

Columbus, OH

#14 Apr 21, 2011
Educated One wrote:
You cannot double speak folks. You want a cleaner environment? You think you won't pay for it? You want smoother roads - the road fairy going to come in the night and fix it for free? You may have wanted to watch the PBS special last night about electricity. You want your bill to go down? Turn off your lights at night, keep your TV off, turn down your AC and unplug your computer and appliances when not in use (coffee maker, etc). Or you can keep complaining while other states pay WAYYYY more than we do here in Ohio. Or you can tell your politicians to stop with this unproven global warming non-sense that forces these utilities to keep putting environmental controls on the plant that cost millions to billions that we ultimately pay for. We control our bill - no one else.
If we cut our consumption in half tomorrow..AEP would double their rates to make up for the loss of sales.

“Queen of my domain”

Since: May 10

Location hidden

#15 Apr 21, 2011
Educated One wrote:
We control our bill - no one else.
To an extent. We can choose to turn down the heat or AC, turn off lights, etc. We cannot control the decision making of AEP's management or leadership which will also affect our bills.

When profits rise after AEP has asked for additional rate increases AND stating how efficiently they're run by slashing jobs (announced 2500 jobs to be eliminated last summer), and they had to refund profits to Columbus Southern Power just this past January...one begins to wonder.
anonymous

United States

#16 Apr 21, 2011
Educated One wrote:
You cannot double speak folks. You want a cleaner environment? You think you won't pay for it? You want smoother roads - the road fairy going to come in the night and fix it for free? You may have wanted to watch the PBS special last night about electricity. You want your bill to go down? Turn off your lights at night, keep your TV off, turn down your AC and unplug your computer and appliances when not in use (coffee maker, etc). Or you can keep complaining while other states pay WAYYYY more than we do here in Ohio. Or you can tell your politicians to stop with this unproven global warming non-sense that forces these utilities to keep putting environmental controls on the plant that cost millions to billions that we ultimately pay for. We control our bill - no one else.
"Beyond The Light Switch" Good documentary. I rarely watch PBS but caught the show last night.

Besides, most people would prefer to gripe and rant endlessly on message boards. It takes much less effort and thought!
nana

Howard, OH

#17 Apr 21, 2011
Ohio Native wrote:
Remember AEP really means: After Every Penny!!
And who doesn't need every penny. I know I sure do. Money grubers
common sense

Columbus, OH

#18 Apr 21, 2011
Well when WE the customers that PAY are overcharged yes their profit goes up.
question your tv

Reynoldsburg, OH

#19 Apr 21, 2011
Educated One wrote:
You cannot double speak folks. You want a cleaner environment? You think you won't pay for it? You want smoother roads - the road fairy going to come in the night and fix it for free? You may have wanted to watch the PBS special last night about electricity. You want your bill to go down? Turn off your lights at night, keep your TV off, turn down your AC and unplug your computer and appliances when not in use (coffee maker, etc). Or you can keep complaining while other states pay WAYYYY more than we do here in Ohio. Or you can tell your politicians to stop with this unproven global warming non-sense that forces these utilities to keep putting environmental controls on the plant that cost millions to billions that we ultimately pay for. We control our bill - no one else.
Did you happen to see who sponsored that PBS special? A list of very familiar names SUCH AS:- AMERICAN ELECTRIC POWER and the Nuclear Energy Institute. "Public" in Public Broadcasting means "PRIVATE INDUSTRY". Why not? They run everything else.
Ben

Zanesville, OH

#20 Apr 21, 2011
I guess they will be asking PUCO for another rate increase because they are starving again!

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