Electric Utility Bailouts will Hurt Consumers and Ohio’s Economy

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FirstEnergy’s and AEP Ohio’s Power Purchase Agreements (PPA) are currently pending approval by the PUCO.  If approved, it will guarantee the utilities a 10% rate of return (wouldn’t you like to earn a 10% Return on your money) and add unnecessary (in our humble opinion) charges to your electric bills that you can’t control.

Why should we bail out First Energy and AEP for their bad business decisions and insulate them from competition? The proposals force us, the consumer, to pay for their old, outdated and inefficient power plants.

To take a stand I encourage you and anyone with an electric bill to visit the FIGHT THE HIKES WEBSITE and voice your opposition of these PPA’s.  Simply click on the “ACT Now” button to have your voice heard by the Governor, your state senator and representative, the commissioners and chairman of the PUCO.

 

The issue shouldn’t be about what’s best for utility companies and their shareholders, but what’s best for all Ohioans.  It’s not about reliability.  If you have any questions please contact me, Huck Hayes at 866-646-7322.

 

Electric Utility Bailouts will Hurt Consumers and Ohio’s Economy
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