What’s at Stake?
AEP and FirstEnergy are involved in a brazen scheme that will give them special protections and increase the amount of money you pay on your electric bill – more than $100 a year for AEP customers and $36 a year for FirstEnergy’s ratepayers. They want a handout from you and a guaranteed profit – in short, greedy, corporate welfare at its worst.
Corporate executives and shareholders win – you lose.
Electric choice is working to lower your electric bills. But AEP and FirstEnergy want the Public Utilities Commission of Ohio (PUCO) to force their customers to foot the bill for the companies’ investment in their aging and inefficient plants.
FirstEnergy and AEP are putting their Wall Street shareholders above hard-working Ohioans. The utilities’ schemes will hurt all Ohioans, including working people on tight budgets, seniors on fixed incomes, small businesses, faith-based organizations, and charities.
If the PUCO agrees to their plans, corporate handouts and greed will destroy incentives for other power
companies to build new, cleaner, cheaper natural gas-fired plants, many of which have already been proposed and are in the process of being built.
Don’t let government shield these big corporations from their own mistakes.
Tell the PUCO commissioners to say “no” to corporate handouts.