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Ohio Electricity Rates - News & Updates

Home Forums General Columbus Discussion Ohio Electricity Rates – News & Updates

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  • #87570

    Static-X
    Member

    AEP wants to raise our rates 31% by next year. Is this a joke? I’m waiting for either Allen Funt or Ashton Kutcher to come out and say smile you’re on Candid Camera or you’ve just been punk’d. Our economy is at its worst. Our unemployment rate is at 9.2% and rising. Gas prices are a joke, at $3.75 a gallon, and going up. Anything that we buy, that is trucked in, has gone up in price. And now AEP wants to STICK IT to their customers. AEP needs to be ashamed of themselves, acting like a bunch of strongarming gangster thugs.

    #454568

    Mercurius
    Participant

    Static-X said:
    AEP wants to raise our rates 31% by next year. Is this a joke? I’m waiting for either Allen Funt or Ashton Kutcher to come out and say smile you’re on Candid Camera or you’ve just been punk’d. Our economy is at its worst. Our unemployment rate is at 9.2% and rising. Gas prices are a joke, at $3.75 a gallon, and going up. Anything that we buy, that is trucked in, has gone up in price. And now AEP wants to STICK IT to their customers. AEP needs to be ashamed of themselves, acting like a bunch of strongarming gangster thugs.

    I’m taking it you didn’t read the fine print.

    [url=http://www.istockanalyst.com/business/news/5322447/aep-critics-extra-charges-no-smallchange]As proposed, residential customers of Columbus Southern Power, AEP’s central Ohio subsidiary, would pay an extra 1.5percent in 2012 and 2.7 percent in 2013, with virtually no increase in the first five months of 2014.[/url]

    The rate increases are percentages of a customer’s entire electricity bill. For example, the 1.5percent increase would raise the average monthly bill by $1.29 in 2012 to $121.58.

    #454569

    Mercurius
    Participant

    Still, by far, the cheapest (and dirtiest) electricity rates in the nation.

    #454570

    Static-X
    Member

    Mercurius said:
    I’m taking it you didn’t read the fine print.

    [url=http://www.istockanalyst.com/business/news/5322447/aep-critics-extra-charges-no-smallchange]As proposed, residential customers of Columbus Southern Power, AEP’s central Ohio subsidiary, would pay an extra 1.5percent in 2012 and 2.7 percent in 2013, with virtually no increase in the first five months of 2014.[/url]

    The rate increases are percentages of a customer’s entire electricity bill. For example, the 1.5percent increase would raise the average monthly bill by $1.29 in 2012 to $121.58.

    This is the headline that was printed. (“AEP Could Raise Ohio Rates as Much as 31 Percent
    The state’s advocate for residential utility customers says a plan American Electric Power seeks to implement in Ohio could raise next summer’s rates for many customers by 31 percent.”) I’m wondering who will pay 1.5% and who will pay the 31%. Once again, the middle-class will pay the 31% while the upper and lower-class get to pay 1.5%

    #454571

    Mercurius
    Participant

    Static-X said:
    This is the headline that was printed. “AEP Could Raise Ohio Rates as Much as 31 Percent
    The state’s advocate for residential utility customers says a plan American Electric Power seeks to implement in Ohio could raise next summer’s rates for many customers by 31 percent.” I’m wondering who will pay 1.5% and who will pay the 31%. Once again, the middle-class will pay the 31% while the upper and lower-class get to pay 1.5%

    Key word being, “could” but most likely isn’t. Electricity rates are flat – not progressive; all residential consumers in Columbus Southern pay the same rate.

    #454572

    Static-X
    Member

    Mercurius said:
    Key word being, “could” but not is. Electricity rates are flat – not progressive- all residential consumers in Columbus Southern pay the same rate.

    I understand what you’re saying, but I’ll just have to wait for that ’12 summer electric bill. I’ve always been a believer of that phrase, “I’ll believe it when I see it.”

    #454573

    joev
    Participant

    They should raise rates by 31% when they reduce pollution by 31%.

    #454574

    AmyArt21
    Participant

    I have City of Columbus Electric but my landlord wants to switch to AEP because he thinks it’s a better deal.

    Can anyone tell me what AEP charges per kilowatt hour and what the additional taxes and charges are?

    City of Columbus charges about 7 cents per KWH, then each month there’s a $10 service charge and some other weird charges (taxes?) that total about $8.
    For a typical month (not when I have the a/c going), my actual usage charges in dollars are less than the taxes & fees.

    I’m wondering if AEP actually does have a better deal.

    #454575

    StowCbusCleveland
    Participant

    My AEP bill lists their price to compare as 7.4 cents/KWH.

    Edit:

    I don’t know how they figure each part, but my last bill’s breakdown was:

    $35.14 – Generation Service
    $5.73 – Transmission Service
    $25.59 – Distribution Service
    $4.52 – Customer Charge
    =
    $70.98 on 553 KWH

    #454576

    Static-X
    Member

    StowCbusCleveland said:
    My AEP bill lists their price to compare as 7.4 cents/KWH.

    Edit:

    I don’t know how they figure each part, but my last bill’s breakdown was:

    $35.14 – Generation Service
    $5.73 – Transmission Service
    $25.59 – Distribution Service
    $4.52 – Customer Charge
    =
    $70.98 on 553 KWH

    I just figured it out. $35.14 for the actual electric charge. $5.73 for bullshit. $25.59 for more bullshit and an extra $4.52 for additional bullshit. Thank you AEP for all your bullshit.

    #454577

    Analogue Kid
    Participant

    Static-X said:
    I just figured it out. $35.14 for the actual electric charge. $5.73 for bullshit. $25.59 for more bullshit and an extra $4.52 for additional bullshit. Thank you AEP for all your bullshit.

    I’m not going to defend AEP, but I will note that our rates aren’t too bad compared to some places http://www.eia.gov/cneaf/electricity/epm/table5_6_a.html

    #454578

    Static-X
    Member

    Analogue Kid said:
    I’m not going to defend AEP, but I will note that our rates aren’t too bad compared to some places http://www.eia.gov/cneaf/electricity/epm/table5_6_a.html

    Ana Kid, Let me ask you this. Gas is $4.00 a gallon out in California. Does that mean Ohio gas prices, that are $3.75 for a gallon, aren’t too bad compared to California? Gas could be sold for $1.00 a gallon right now, and BIG OIL would still be making billions a quarter. The same goes with AEP. Our electric bills could be cut in half, and the Execs, CEO’s, Chair persons, President and etc. of AEP would still have a great Christmas.

    #454579

    anillo
    Participant

    Fuck that, big oil should be paying me to fill up!

    #454580
    rus
    rus
    Participant

    Static-X said:
    Ana Kid, Let me ask you this. Gas is $4.00 a gallon out in California. Does that mean Ohio gas prices, that are $3.75 for a gallon, aren’t too bad compared to California? Gas could be sold for $1.00 a gallon right now, and BIG OIL would still be making billions a quarter. The same goes with AEP. Our electric bills could be cut in half, and the Execs, CEO’s, Chair persons, President and etc. of AEP would still have a great Christmas.

    On gas prices…

    http://www.dailymarkets.com/economy/2011/04/27/gasoline-taxes-vs-exxon-profit-per-gallon/

    #454581

    Twixlen
    Participant

    Static-X said:
    Ana Kid, Let me ask you this. Gas is $4.00 a gallon out in California. Does that mean Ohio gas prices, that are $3.75 for a gallon, aren’t too bad compared to California? Gas could be sold for $1.00 a gallon right now, and BIG OIL would still be making billions a quarter. The same goes with AEP. Our electric bills could be cut in half, and the Execs, CEO’s, Chair persons, President and etc. of AEP would still have a great Christmas.

    How is this different than the CEO’s, Chair persons, President, etc of any major corporation? Where is the thread railing against General Mills & cereal prices?

    And like all those other companies, AEP employs a whole helluva lot of people beyond those at the very top. Tens of thousands over many states. Should they perhaps pay linemen less money? The folks who work in the call centers, getting rage-filled phone calls about power outages?

    I can assure you, delivering reliable electricity to every. single. household. is a damn site more complicated than pressing oat-paste into little shapes.

Viewing 15 posts - 1 through 15 (of 93 total)

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