High court lets AEP levy fee for conserving | The Columbus Dispatch
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#1 May 25, 2011
Unfortunately the Supreme Court got this one right. There is no free lunch, and when the state legisltature, under pressure from the envirnomentalist movement passes legislation that forces a company to spend money for demand side management and environmental programs, that cost will inevitably be passed on to the consumer. The OCC can continue to waste public money fighting this so that they can grab headlines and squak that they are saving the ratepayers money, but the battle should be in the state house when our elected representatives pass such costly laws. Two more things that are going to hit our pocketbooks will be a requirement to use more renewable energy and any laws that might mandate a reduction in carbon dioxide emissions.
#2 May 25, 2011
Ya know, I'm far from an economist, but we're screeched at to use less and then told we'll have to pay more for using less. Something just doesn't follow. Maybe the executives of the utilities should just take one less vacation or not take such huge bonuses?
#3 May 25, 2011
Anyone else concerned that a program for energy efficiency is considered lost revenue?
#4 May 25, 2011
Sounds as if it's time to go off the grid (as I sit at my computer). This whole utility episode is a "damned if I do, damned if I don't" fiasco.
I know people scream "socialism," but when capitalistic (read greedy) companies go public (whose public is it?), they answer to stockholders, not to the consumers. Stockholders want a profit, consumers want a deal. There is very little middle ground. AEP just took over the middle ground. There is NO reason to consume less to save money. And the argument to save the planet is weak, considering what the people who own stock in AEP or work for AEP can now afford to do -- buy bigger cars, bigger homes, etc., etc., etc...
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