About Your Electric Rates

Power firm agrees to record pollution cleanup

American Electric Power to invest $4.6 billion to clear Northeast air

One of the nation’s largest power generators on Tuesday said it had agreed
to end a years-long federal lawsuit by investing $4.6 billion to reduce
pollution that has eaten away at Northeast mountain ranges and national
landmarks. ...

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A reminder for those of us on Appalachian Power, a subsidiary of AEP: they are seeking another rate increase. Care to guess why? See above for at least one reason....

Not that I am unhappy that American Electric has been forced to admit its acid rain is endangering the environment; that's a good thing. But I would like to see the fines paid and the problem fixed at the expense of the CEO's and shareholder's profits, not at the expense of what little money I have in my wallet. They are making a profit; that's the money they should delve into first. When the profits are gone, then they can come knock at my door.

You can submit your comments about the rate increases to the SCC at:
http://www.scc.virginia.gov/caseinfo.htm

The deadline for one of the three rate increase proposals is October 31, so don't delay too long.