AEP wants legislators to OK bond opti...

AEP wants legislators to OK bond option speeding up financing | The Columbus Dispatch

There are 1 comment on the Columbus Dispatch story from Jun 7, 2011, titled AEP wants legislators to OK bond option speeding up financing | The Columbus Dispatch. In it, Columbus Dispatch reports that:

American Electric Power wants to be able to receive lump-sum payments for certain expenses instead of collecting money in a trickle over many years.

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

Sharon Columbus

Columbus, OH

#1 Jun 7, 2011
There is no chance that the customers' bills will be higher as a result of the utility issuing securitization bonds," said Thomas G. Berkemeyer, AEP's associate general counsel.

Anyone who believes the above statement: hide and watch! The legal eagles will find a work around to keep dipping into the customer's pockets.

AEP will institute additional legislation, etc. to compensation their executives going forward. Nothing stops them: PUCO won't stand up to these high priced power hungry colleagues. Afterall: must protect their jobs too!!

Trust me ripping off the public will never end! Remember the Board of Directors/Shareholders must be paid those high salaries to maintain two lifestyles/careers.

The lower income individual doesn't have a chance with a cap on the goverment assistance available currently.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

American Electric Power Discussions

Title Updated Last By Comments
News Coal rebounds, but winds of change blow Aug 23 Solarman 1
News Pioneer Investments Adds to Stakes in Hartford ... (Nov '15) Nov '15 Connie lake luzer... 1 the most annoying dumb ... (Sep '15) Sep '15 This will make yo... 1
News Clean power plan could result in less coal use;... (Mar '15) Mar '15 Solar miner 09er 1
News Utilities feel burned by solar-energy users (Nov '14) Nov '14 Solarman 36
News Utility bills more costly in wake of polar vortex (Feb '14) Feb '14 Jerry K 27
News Logan teen charged in AEP transformer vandalism (Nov '09) Feb '14 Love AEP 41
More from around the web