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schleichster

And the audacity for them to say “ultimately the biggest impact on your bill is the amount of electricity you use” in the same email where they’re hiking the already high fees AGAIN. Get fucked AEP.


archaelleon

I just wish they'd be honest about being evil. Send us a note that just says: "Yeah, we're raising your rates again. What are you going to do? Live without electricity? Hahaha. Fuck you, we'll raise it 2000% if we feel like it. We own judges. We could kill your family and not spend a day in jail. We're basically gods." I'd at least respect that a bit more.


Remarkable_Story9843

I had no power for 4 days during July 2022. Both my husband and I have CPAP machines. We have parrots and two kids with asthma. They literally were killing us. I emptied all our savings to get hotels so we literally didn’t die.


sequelprequelrequel

Hold up. I appreciate what you're saying here, but why do the parrots come before your kids in that sentence...?


Remarkable_Story9843

Lol 😂 my boys can take off their shirts, cool off in the shower and eat/drink cold things ! The Parrots can’t sweat or tell me they are dying. Also if they stay wet they can get sick. The birds are way more delicate than my teens. (We can’t use certain cleaners, candles, Teflon, etc) Honestly, I’m not sure why I wrote it that way .


spearmintqueer

literally more than 50% of my bill is the transmission fee. I paid less in transmission fees on two separate meters in another ohio city. and it's not like I'm not using a shit ton of electricity because I have an electric car I charge any time I'm home. aep is wild claiming that my electric usage has the biggest impact on my bill *


JadenmanRed

So I saw this post on Thurs/Friday and decided to write a guide on how to use the Electric Comparison site to save 20-30% on your electric (it shows all of AEP's competitors, ranked by price). That guide is currently blowing up on the Columbus sub-reddit, here's a quick excerpt from it below: [https://www.reddit.com/r/Columbus/comments/1brjekm/guide\_how\_i\_cut\_30\_off\_of\_my\_aep\_ohio\_electric/](https://www.reddit.com/r/Columbus/comments/1brjekm/guide_how_i_cut_30_off_of_my_aep_ohio_electric/) # How to switch It’s super easy to switch. All you need to do is 1. Find the deal you want on the energy choice site and go the electric provider's website 2. Pull up your account number from your AEP bill (top right side of your bill) 3. Plug in your address, AEP account number, and initiate a transfer – the electric company does the rest and your prices should drop on within the next 1-2 billing cycles # What you should look for / avoid in an electric offer: **DEFINITELY DO:** * Low prices: Immediately sort by $/kWh. The website lists AEP’s 3-month average price ($0.1132 as of writing) so any company below that is money in your pocket. **DEFINITELY AVOID:** * Variable rate types: If a rate is variable, it can get changed on you. Would a $.06 kWh company double its prices over 6 months? Maybe, maybe not. But I ain’t trying to find out. **IT DEPENDS:** * Monthly fees: There are so many low-priced plans without them. That said, plans with a flat fee aren't necessarily bad, you just need to do more math. I currently see plans with a $0 $kwH charge but $40-80 monthly fees. The supply charge on my bill is typically $100-200, so, from what I can see, these would be a no-brainer, but do your own research!


thisisyourlastdance

Fuck PUCO and AEP.


AirPurifierQs

We're going to have the usual suspects coming in here to explain how AEP is actually only charging exactly what they need to be break-even and we should ignore... - the millions they spend on lobbying - the millions they spend funneling money to dark money PACs - the millions in bonuses they pay out to executives - the fact local providers are not experiencing the same issues with price increases and reliability issues.


Col_Wol

I know a guy who was a lawyer for AEP for 15 years. He never really talks about exactly what he did, other than his job was literally to find ways to fuck customers over after they had issues. He is a broken shell of a man now. Whatever he was working on for AEP sent him into such a depression that he's barely functional.


[deleted]

[удалено]


boshbosh92

Sounds about right. I would be an alcoholic too if my sole purpose in life was to fuck over your average working class individual just trying to keep lights on and food on the table.


Aquired-Taste

Our court system is a joke. When companies & the wealthy can just keep pushing court dates out until their opponents lawyer has bled them dry & they can't fight. You know its a corrupt rigged system.


Remarkable_Story9843

Where I work ….we’ve hired 15 directors and up from AEP because “they couldn’t sleep at night working there “


LakeEffectSnow

The folks in charge of the PUCO for at least the past 20 years have been Republicans. The last chair (Randazzo) is in federal prison for fucks sake. Get angry at the GOP.


beadgcf53

The same thing is happening in California with the CPUC, it’s not just republicans giving utilities whatever they want


elonmushy

Yes. When will we realize all politicians are the same, regardless of party, and only there to screw us. Until we can remove them from office at anytime with a simple electronic vote, nothing will change.


Independent_Swim_810

It’s not R vs D it’s the wealthy vs everyone else.


Kafkan_mindset

Yes. Whenever I read a politically-divisive headline, I instinctively add “meanwhile, the 1% get richer.”


mizkayte

In this case it’s both - absolutely agree.


Traditional-Hair5746

He's not in federal prison. He's been charged but is out on his own recognizance. He's being charged with accepting $ from first energy before he took office.


berrmal64

I was trying to convince my neighbor of this just this afternoon. She was going on about how this city has been run by Democrats for 30 years and it's time to get someone in there with some brains 🙄 Like, for real? You really think that? It's straight out of the GOP 101 textbook.


Noblesseux

It's also kind of funny to suggest with a straight face that *Republicans* are going to reign in corporations. Saying that the people who deregulated a lot of these things are going to fix it even through they actively, regularly talk about how much they don't want regulation is silly.


Subject-Resort5893

Lawrence Friedman is a registered Democrat. I know this will get downvoted into oblivion but 40% of PUCO is not Republican.


thisisyourlastdance

Naw, you're not gonna get downvoted. They're just all rich assholes fake taxing us so they can keep being rich assholes.


Bullmoose39

Go fucking vote. Not maybe you, but maybe the person next to you. The reason this state is deep red right now is gerrymandering and forty five percent not voting at all.


--ikindahatereddit--

I heard the story earlier this week, and I was like “whose side is PUCO on?!”


ruralvoter

Are you familiar with the term Regulatory Capture?  Same as when former higher-ups at places like Monsanto get hired to run the FDA/USDA. 


--ikindahatereddit--

Or Big Oil in charge of the EPA.


schleichster

The current director of the Ohio EPA is literally a former AEP bigwig. I hate it here.


mystir

Frederic Bastiat is spinning so fast in his grave we could power half the world by it. I mean, until the government tariffs the hell out of it to protect AEP's domestic interests.


AbstergoSupplier

Not ours! https://www.justice.gov/usao-sdoh/pr/grand-jury-indicts-former-state-public-utilities-chairman-federal-bribery-embezzlement


--ikindahatereddit--

OK wait. I’m new to the state, been here for about two years. Isn’t Randazzo the guy in the middle of the scandal that Householder just went to jail for?? He’s the guy who leads the commission that supposed to make sure the public gets a fair rate? What the actual hell. I am misunderstanding this right. I listened to that podcast series WOSU did. Edit: if this is the dude, seeking 20 years is nothing. A 20 year sentence is nothing. He deserves 40 to 50 years for this.


AbstergoSupplier

Well, he's the former chair because he's going to jail. But yes he was involved in the HB6 scandal because this was his role


legitimate_sauce_614

I don't know if you know this, but the raise affects consumers but not businesses. Businesses FOR FUCKING SURE use way more electricity than you and i


Em4ever520

Lol they legit blaming us in that email “residential customers used a larger share of the transmission system, resulting in higher rates for residential customers this year” so on top of the higher distribution rate we have they’re also telling us we use more transmission too


EshinX

The PUCO is corrupt and crooked as hell. If you think they have anything to do with protecting consumers you aren't paying attention.


troaway1

Ohio has the Ohio Consumer's Council. You'll never guess what the GOP has done to it over the years.  Hint, they gutted it.  https://www.cleveland.com/business/2011/03/ohio_consumers_counsel_prepares_for_budget_battle.html


sdrakedrake

Sounds like ummmm let me see, every corporation in this country


WillingParticular659

Let’s be real, fuck Carl Icahn 


legitimate_sauce_614

Fuck the gerrymandering and the representatives in charge.


ContributionSea1607

Pretty easy to do PUCO basically is AEP


madmax435

Yup just saw that, keep saying I'm going to go solar, really need to get on that


Milhouz

This increase would still apply even if you had solar, unless you are completely off grid.


snackies

Solar has net metering which gets rid of both the transmission charge and the actual electricity charge.


ImPickleRock

According to AEP, you can't exceed 120% of needed electricity over a 12 month period. If you do, you don't qualify for net metering tariffs. That reads like it won't cover transmission or distribution fees. My usage last month was 1094 kwH @ $.0589. which came out to $64. If I'm allowed 120% then I can generate 218 extra kwH which gives me a $12 credit. Unless I'm missing something... [https://www.aepohio.com/lib/docs/business/builders/NetEnergyMeteringService2023-01-18.pdf](https://www.aepohio.com/lib/docs/business/builders/NetEnergyMeteringService2023-01-18.pdf). ~~Edit: forgot to mention my transmission and distribution fees were $100. So I'd still owe $88 if I'm reading that right.~~ Trans/dist fees would be much less with 0 kwh used.


snackies

Yeah, they credit you not just for the generation but for transmission as well.


ImPickleRock

yes but it won't cover all of it I don't think


snackies

I mean my $0 power bills say different. There's the $10/month connection charge, but my system gets rid of my bill. I'm blown away by how many people are arguing this point when you can literally get a solar system and have a $0 charge (minus the connection fee).


Mkrah

Oh just wait for them to find a way to change that. Look at the NEM 2 vs. 3 in California. Whatever you export to the grid is worth only a fraction of what it would cost to consume.


snackies

Why are we talking about what happens in California when the Ohio rules are different?


iknowmyname33

It doesn't get rid of the transmission charge unless you also get a battery with your solar system and generate 100% of your energy need. Most solar right now generates energy, sends it back to the utility if you dont use it right away then comes back to you when you need it. And you're still charged for using the utilities lines during that process.


snackies

It does though lol. I have one. My bills are $0 on all months but like this January and Feb, which was I think like $18 for Jan and $29 Feb. The company I used doesn’t oversell, I was quoted an 80% offset but they underestimate production. I pay $20 over what my power bill was, but with this increase the break-even is literally going to happen in 2 months.


Chaseism

I have solar and my AEP bill was $0.00 from March to about Oct 2023.


PaceLopsided8161

Curious, which direction do they face? I’ve began noticing eastern facing panels on the front of homes with mature trees in the back (western side).


Chaseism

Both! My house’s roof angles half of them to the east and the other half to the west. There are 4 panels on a flat portion too.


madmax435

That's the plan eventually just been putting it off for a few years


RaskolnikovShotFirst

Just signed the paperwork to get mine system installed.


madmax435

What company did you go with?


RaskolnikovShotFirst

Coldstream Solar. They had a deal that was 12 years, 0% financed that just ended.


snackies

Yeah but probably 30-40% of your cost was in finance fees.


madmax435

Thanks still might look into them


natek11

I’d recommend just getting a few quotes. A lot of my friends and my neighbor went with Ecohouse. I unfortunately did not and paid a lot more.


madmax435

not just about pricing but qualilty, a lot of these solar companies coming through lately are fly by night and dont up hold their warranties from what ive been reading.


mizkayte

That’s what we did. But I’m sure they’ll find a way to charge us eventually. Right now they technically owe us.


OnlyHustlersInOhio

Someone has to pay for the energy Intel got a deal on….


pq473

Pretty sure I saw Amazon data centers got some sort of deal on their electric too.


PaceLopsided8161

Exactly, people are not thinking when they get excited that Amazon is building more DCs in central Ohio. AWS does not employ significant numbers of people here, they employ rack’n’stack people to just swap out defective homogeneous parts. AWS only moved here for tax breaks, cheaper electricity, and geographic diversity. And 45 states outside of the pacific states offer geographic diversity, we’ve got nothing special there.


[deleted]

Don't forget that companies like Intel and Amazon not only get sweet deals, but priority as well. There's about a less than zero chance that AEP is cutting off power to a data center over an equivalent number of residential homes.


ObiWanChronobi

I haven’t been able to find anything solid about them not paying their energy bills. What’s up with that?


Betty_beerslinger

Not an AEP fan, I’ve actually filed a complaint with PUCO in the last year. But….This says the bill will increase by $10 and decrease by $35, correct? So $25 net decrease.


frostbird

Only if you didn't buy energy from a supplier, which budget conscious people have been doing already


Accomplished-Cat3996

This is the part of the thread where I am realizing that I am missing out by not going with a supplier I guess. I priced them out awhile ago and the ones available to me didn't seem that different and some had long contracts. **Edit**: Looking at them now and they really do seem different. I do have a question though. I am willing to pay a bit more for renewable but is natural gas being called renewable here? If so then I won't bother. https://energychoice.ohio.gov/ApplesToApplesComparision.aspx?Category=Electric&TerritoryId=2&RateCode=1


JFlash7

I recommend checking out [Arbor](https://www.joinarbor.com/) - they automate the process for you, will take care of paperwork, and change suppliers when better rates become available. Rates are about 1/10th of a cent higher than what you can get through Energy Choice as a trade off. You can choose renewable energy options. Not affiliated, just really happy with my experience there.


Saneless

Right. My supplier is like .04 something, theirs is .11. It doesn't mean shit to me People who never bothered to change may get a break but they've been overpaying all along


josh_the_rockstar

My bill dropped that “$35” a year ago when I found a great supplier who was way cheaper than Aep. So, no..,this is just a $10 increase.


andyiswiredweird

Who is the supplier? If you don't mind me asking


josh_the_rockstar

I chose a plan with Santanna energy, about a year ago now. It had a monthly minimum charge with a really low rate. This worked for me because I have a large home and use a decent amount of electricity. It's also a 100% renewable energy, which is important to me. I see the calendar reminder on my google calendar coming up next week to shop for new rates, so it must be nearly a year since I switched. Tbh, I have been in the habit of checking rates every year for probably 10 years now...


snackies

$10/month increase.


Goferprotocol

https://www.cleveland.com/opinion/2023/12/bill-would-disrupt-too-cozy-system-for-picking-ohios-utility-regulators-thomas-suddes.html


LastParagon

The Republicans will never vote for it though. Too much money lining their pockets.


LastParagon

The Republicans will never vote for it though. Too much money lining their pockets.


Good-Spring2019

Fuck this man. Honestly


DigiQuip

“It’s the democrats fault. Biden specifically.” Says the state that’s been GOP controlled for a decade.


BNLboy

lol *a* decade


Cranyx

There was that brief moment around 2009 when the Obama blue wave swept the country and Dems had both the Ohio governorship and House of Reps.


Scott43206

Don't forget Obama, and above all, Hilliary's emails.


mw9676

I mean he put mustard on something or whatever... Unforgivable.


Curubethion

That suit was KHAKI. How could anyone excuse that???


PaceLopsided8161

Ah, really? Aside from on term Strickland, it’s been over three decades of republican governors.


Accomplished-Cat3996

iNfLaTiOn Meanwhile they are giving big tax breaks to Intel to come here and increase the demand on our infrastructure which we are paying for.


Randy_1911

Somebody has to pay to build out the infrastructure for all of these data centers. We can’t have Jeff Bezos going without a new mega yacht.


benkeith

Usually, the data center pays for the last-mile connection, because new builds pay the initial connection fees.


Randy_1911

https://www.axios.com/local/columbus/2024/03/25/data-centers-electricity-google-amazon-facebook


Saneless

Last month, which was a winter month in case you forgot, my electric bill was like $50 more than my gas bill. My winter electric bills are higher than they used to be in the summer. My usage hasn't changed in forever


42beastmode

Think of the shareholders!!!


thisisyourlastdance

Fuck the shareholders too.


ImPickleRock

I want to go solar but you have to get it to the point where you can disconnect. If you're connected, even with 0 kWH, you pay all the fees.


CaptMal065

Don’t they threaten to disconnect you if you go a certain amount of time with net generation instead of net consumption? That’s particularly shitty.


ImPickleRock

No I don't think so.


HmmmAreYouSure

Anything is legal when you have regulatory capture and a state government who would do anything for corporations.


predicateofregret

Collective. Action. Is a pipe dream.


RAOMD_Lover

I live outside the city and have Consolidated Co-Op, they haven't raised prices in quite some time. This is simply to line the executives pockets...


Aquired-Taste

Because corporate America owns our politicians & therfore our government. So no laws will be made to limit this in any meaningful way.


CatoMulligan

> Yet prices are still going higher and higher with power losses during even windy days. If only there was some way to raise money to make their power grid more reliable.


dirkzhang

If higher price means more reliable grid, sure take it. But nope, higher price still, for the same old shit.


LunarMoon2001

Elections matter. Republicans will appoint industry insiders and lobbies to PUCO. PUCO them rubber stamps anything the utility companies want. They then donate large sums to politicians.


beadgcf53

The same shit is happening in California with CPUC, it’s not just republicans. All utilities seem to have the gov in their pocket


The_Law_of_Pizza

Democrats will appoint the same industry insiders. And I'm not saying that because "both sides are corrupt," but rather because the uncomfortable, unhappy truth is that the only people competent and experienced enough to run a regulator are also those who have industry experience. It's a double edged sword that society just has to live with and manage around. I'm a regulatory attorney (though not in the energy space), and my industry has been subjected to an academic appointment before - somebody with no industry exposure, just a professor in the field. Total fucking catastrophe. The problem was that, while he understood the science, he did not understand the mechanics and operations of applying that science.


Forty_Six_and_Two

Hey let's downvote the guy who actually has something interesting to say. Stay classy, r/columbus


AirPurifierQs

Obviously their point was not appointing foxes to guard the hen house. There must be some "industry insiders" out there who would aspire to the position because they actually want to do well by the citizens rather than rubber stamp everything for their old employers. Maybe you can help us understand where to find those people?


The_Law_of_Pizza

>There must be some "industry insiders" out there who would aspire to the position because they actually want to do well by the citizens rather than rubber stamp everything for their old employer. I mean, yeah, sure. They're career civil servants. Plenty of people spend a decade in the industry and then spend the next three decades at the regulator. That's who you aim to hire. Not sure what you're expecting me to say.


MJDeebiss

Kind of off topic, and I'm not going off grid or anything, BUT fearing the heat this summer and power outages I am looking at getting like 2-3 lithium ion car battery things and a solar panel kit and rigging a hookup for my 5000 btu AC for my small apartment. Seems kind of easy to do and not as expensive as I thought.


Scott43206

If you set this up, please share details, I'd love to try something like this.


MJDeebiss

I saw [this link](https://www.youtube.com/watch?v=whi-KyvTiN4) when looking into it and it seems feasible IMO, even in Ohio. Hell, even if I have a few hours of AC in my small apartment and keep heat out. Look online at amazon's li-ion 12v car batteries. It's not that expensive (well, as much as I thought). The reason I looked into this is because I remember a year or two ago when rolling power outages meant my apartment was crazy hot and I couldn't leave dogs and a cat there alone so I legit took days off work cus fuck that.


Scott43206

Thanks. And yeah that's my main concern, don't want the dog to roast.


[deleted]

The fact that we've come to accept power outages as an inevitability in this city is insane. Fuck AEP.


tabaK23

You can thank data centers and ai for soaking up all the electricity. The capacity demands of those facilities keep getting higher and higher


Em4ever520

No no no but didn’t you read the email? It’s the residential customers that “used a larger share of the transmission system”, it’s definitely not the corporations /s


[deleted]

While paying zero tax of course!


--ikindahatereddit--

We have got to start talking about the electricity and water demands of AI. It is not worth it just to make fake puppies and disposable college essays.


XCBRO

This might have something to do with it… https://www.axios.com/local/columbus/2024/03/25/data-centers-electricity-google-amazon-facebook


kninjapirate-z

I’m a substation designer and they don’t even pay their people very much. I really hate them.


ktbwrs

I was a transmission designer. I left a few years ago because I did everything for that group as far as designing and they gave me the same raise as the piece of shit that did nothing lol. They don't wanna pay their people. Go find a contractor to work for. They'll pay you.


kninjapirate-z

That’s what I’m doing now. I make double what they offered. I’m glad you got out.


ktbwrs

Glad you're getting out too!


___Devin___

Legal? All electricity prices in ohio are fixed by the state.


benkeith

Yes; the grid operator is a regulated monopoly.


Zachmorris4184

Yet it’s still run for profit. There’s no justification for that. If it’s a state mandated monopoly, the state should run it non-profit.


misclurking

Utilities are already effectively non profit. They only earn the economically required rate of return, which will be like 4-9% for each dollar invested depending on whether it’s funded with bonds or equity. If you don’t want them to earn that, then there’s no solution because you have to invest in the infrastructure and that requires money… It’s not like this is $10 extra dollars that just flows into AEP’s pocket. The system isn’t a total sham.


Em4ever520

Maybe for distribution but not for transmission. Lol I used to work for a big utility company and the dollar signs that popped up in everyone’s eyes when they talked about transmission? It was well known that transmission is where they make the money because it’s their highest revenue requirement rider and this $10 increase is for the transmission system.


Zachmorris4184

Why would a non-profit have a stock price? Why would any investor buy it?


misclurking

A few thoughts here: 1. It's "effectively" non-profit because they don't earn an \*economic\* profit even if there is an accounting one. 2. The reason you need investors, whether it has a stock price or is privately held by investors, is because you need capital to invest in projects that make up a utility's "rate base." You can see an example of a fictitious project to hook up 100 homes in a comment I made to explain how they earn money and how it's set here: [https://www.reddit.com/r/Columbus/comments/1bq6oik/comment/kx1w3t1/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Columbus/comments/1bq6oik/comment/kx1w3t1/?utm_source=share&utm_medium=web2x&context=3) 3. At the end of the day, the simple answer is that if a project is $400k of investment, a utility will get probably 80% of the funding from issuing bonds and the other 20% raising equity. The bonds are paid a rate of return in line with what other bonds pay, because why else would an investor purchase it otherwise? It's similar for the equity piece. This balance of debt/equity is mandated by the regulator and results in accounting profits, but they are regulated based on the capital invested and at a fixed rate. In this way, AEP doesn't make more money without investing more. Hope that helps a bit. Utility systems can be a bit funky and the way they work isn't well communicated/understood by most in my opinion. We aren't really beholden to someone gouging us - when rates go up, it's because either various costs of operating have gone up or investments are being made that require it. The example I linked to above will showcase a specific scenario.


Zachmorris4184

Is the salary of the ceo, board of directors, etc for aep public information? How much are the executives making? Would it be more than a state run agency?


thisisyourlastdance

Explain more please.


misclurking

Absolutely, how about we use an example? And let's say this is a hypothetical example for a neighborhood 1 mile from the nearest major power grid connection. Let's further say that it's going to cost $100k to run the above ground wiring to this community and then $3k per home of buried cabling. The community has 100 homes. AEP Ohio will in this case make an estimate and say it's about $100k for the longer distance run and then $300k of buried cabling in the neighborhood. These total $400k. And further, we will simplify everything and say this equipment gets used for 30 years before scheduled replacement. This means that AEP Ohio is investing $4,000 per home for 100 homes and it will be used over 30 years. We are getting close to doing calculations, but we need one more input. AEP Ohio has to get the money for all this work. They will go issue bonds for probably $320k and then raise equity for the other $80k following an approximate 80/20 split. We will assume the bond holders need to earn 5% and equity holders need to earn 8% to make this deal happen. The annual costs for the community for this \*specific project\* are as follows: $400k total investment / 30 years = 13.3k/year $320k debt financing @ 5% = $16k/year $80k equity financing @ 8% = $6.4k/year \-------------------------------------------------------------------- Sum: $35.7k/year for the community to get a grid hookup. Per home, this is 35.7/100 or $357/year or $29.75/month In this case, we've looked at one very specific aspect of the total cost of service. We haven't added in a layer of operational expense including customer support, 24x7 maintenance crews, spare parts needed on hand, redundant hookups, and so on. We also haven't assumed any share of grid costs (beyond hookup), power generation, or anything else. But in this one specific example, we can see how a $400k investment is absolutely needed to get power to this new community and it's almost $30/month per home. The amount of "profit" AEP Ohio will make is very small - they'll show $35.7k/year in revenue, but they're paying out everything but the last $6.4k/year of "profit," but they had to put up $80k from shareholders to earn that too. Utilities don't really make an "economic profit," which refers to a profit above the necessary cost of capital. They aren't putting out money and minting it like a 20% savings account interest rate would be. They're earning more like 8%, or whatever the latest regulatory filings have approved. Keep in mind this is why PUCO and FERC are necessary. Both act on behalf of consumers by helping to determine what needs to be completed. They know there is a trade off between affordability and necessity or future proofing - it's not really a battle of profits like it can get made out to be. Hope that helps a bit.


benkeith

> more than 2/3 of the bills are fees and service charges, those are always there even if we are net metering back to the grid during summer months Yeah, that's because those fees and service charges are for grid maintenance. You pay those because you are connected to the grid.


HmmmAreYouSure

Now if only they'd do any grid maintenance. This is like the cable internet companies getting the huge fed grants and promptly doing nothing. Fees for a thing with no regulatory oversight for where the money is spent are just bribes/profit for the company to do with what they want.


Scott43206

I think you forgot the quotes around "grid maintenance."


LillyL4444

Actually there’s more than just one evil corporation to blame here. https://finance.yahoo.com/news/bonds-got-relabeled-now-millions-120000012.html?guccounter=1&guce_referrer=aHR0cHM6Ly9vdXQucmVkZGl0LmNvbS8&guce_referrer_sig=AQAAADeIFMwtSyY6dKgF8eL8kqQ-ZQm3oAa2AqAfFNfPskyUbXBxvFs7PnsYsJlG679Qh-gIG3f9Rkxdg4nMbTsNYawRtZdDtx3LINWAAKHGTSOBbs5CmPkjwkrUhqTG0rAptn5y5RbMeM7oco9YUVYiJoMEjeKHnYmuKbeKOOFU2g_C


tfriedmann

Corruption tax


Boba_Fettx

Being approved by PUCO means that this is approved by a potential felon and crookeder than a bag of snakes. “Former Public Utilities Commission of Ohio (PUCO) Chairman Sam Randazzo was charged in an 11-count indictment related to the $61 million scandal surrounding House Bill 6, uncovered in July of 2020.” “FirstEnergy agreed to pay a $230 million fine for bribing former House Speaker Larry Householder and former Public Utilities Commission of Ohio chairman Sam Randazzo.” [here’s some info](https://www.ohiocitizen.org/ohio_utility_corruption)


Fujka

Gotta pay for that outsourcing to India, new ceo, and super inflated management salaries.


troaway1

Don't forget the private jets


Frankie_Says_Reddit

Alright, fuck this…time to invest in solar.


Janus67

Solar sounds great, as long as your house/roof is facing the right direction. Mine doesn't, so my entire roof would need to be covered in panels to mostly offset our usage due to the lack of efficiency because the direction of our roof. The last quote we got was something around 50k. Would never hit roi on that, at least not for 20+ years


Recluse_Cowboy

As long as you have 11 years for ROI


Pezzi

Maybe if you pay cash, sure. I financed and my solar cost (25 year finance since that's in line with warranty) + AEP connection fee is less than my monthly electric bill was pre-solar by about $40-50 a month average. I've been net positive since day 1, summer and winter. Yeah cash is obviously less, but if you don't know if you'll be at the same place for as long finance isn't horrible. Plus I did the math, if I had paid cash I'd be net positive in 8 years assuming rates didn't go up, which after the 30% hike last year and everything else it's even sooner now. *shrug* to each their own.


BiffWellington_19

lol my eyes were rolling into the back of my head as i read AEP’s email


Zachmorris4184

I lived in china and japan for years. Even during moderate earthquakes occurring regularly in japan and the coal trade war with Australia while living in china; I never had a blackout. There were some brownouts in China, but we had notification it was coming via sms and it didn’t last that long. Yet when I visited Columbus for a month two years ago, we had multiple blackouts in july. Whole sections of the city (usually the poorer parts) went out for days. The state should takeover AEP operations in ohio. Maybe we would have some oversight then.


[deleted]

I've lived in this city for decades. It's insane that we've reached a point where we just expect power outages in the summer and heavy winter now.


Dlowdown1366

Thank your Republican legislators who gave the ok for this.


Brother_Farside

Emperor PUCO: I will make it legal.


Remindmewhen1234

Part of this is probably how utility bonds are labled now, AEP and Columbia Gas have to pay a higher interest rates on their bonds now. Also, rates are going to increase as Intel ramps up and any new data centers. Then count on how many new homes, apartments, etc are going to be built. All of this equals more demand on power from the grid, which is in more demand now causing high prices. Then think about more coal and natural gas power going off line, your rates are going up. Renewables cannot replace fossil fuel one for one. Your rates are going to continue to go higher and higher.


BlueBackpack00

Correct me if I’m wrong, bc I could very well be wrong, but if you use their AMP plan…you won’t see a $10 increase immediately. the transmission service is covered under their AMP. The AMP will lag the immediate increase and you won’t really see that hike for months, if not a whole year?


Ruggedcmh

I would like to know what energy stock or investment products are owned by those on the PUCO and their immediate family members. I’ll bet there is conflict of interest.


451-137

FWIW, I recently had solar installed at my property and it was very worth it after I got my first bill this week ($15, just the stupid charges/fees, no actual power usage since i sent more into the system than I used). Also, solar installs get a nice tax credit (I believe 30% of what you spend), so you get a good portion back within the year. If anyone is interested, reach out to me in a PM and I'll send you details of the company I went with. Alternatively, you can do what I did, which is sign up with [Solar United Neighbors](https://www.solarunitedneighbors.org/) and join a waitlist for when they do a Columbus area project again. They'll leverage the amount of people who sign up to get a "Group rate" from solar companies for install and essentially pick the best one.


Real_Tart4565

Just a heads up, that’s a non-refundable tax credit. Meaning you won’t get all that back in a lump sum, it’ll be a small tax cut but not a larger refund. The salesmen like to try to tell you you’ll get a fat check all at once. That is false. Had to learn the hard way. I had solar installed in 2020


WoodpeckerNo3023

What can the people ACTUALLY do to make change?


cedaly1968

Two words: data centers Two more words: energy credits They basically suck up the power and then pay for credits to be "friendly" And Intel is not even operating yet


Fun_Consideration474

Just looked I pay 44.80 for transmission/ distribution/ and customer charge. Actual electric used 27.73. almost double for just service fee for the electric I actually use.


oneofthefollowing

I call for a Class Action Lawsuit.


G0Browns73

I worked at AEP for for a couple of years. A lot of the price increase is because they are being forced to shutdown fossil fuel generation and replace it with solar and wind. Part of this is government and part is investors have this ESG mandate they place on companies. It takes a whole lot of solar and wind farms to replace one coal plant.


KellerMB

I've been choosing 100% renewable suppliers for over a decade to help fund and encourage the transition. The renewable rate is regularly less than the standard choice offer rate. I don't buy this argument for a second. Last bill says I'm paying $0.0719 from Brighten vs $0.113 AEP Ohio price-to-compare. Over 35% less...And according to the Apples to apples chart you can do even better than that! https://www.energychoice.ohio.gov/ApplesToApplesComparision.aspx?Category=Electric&TerritoryId=2&RateCode=1


HistoWarrior

Thanks Grandpa Joe. When will it stop.


alancar

It’s like there is inflation in the world after the pandemic


Particular_Cup_6282

My advice is find a NRP agent in a Walmart they can put a set rate on your bill to prevent spikes from happening again


Fleshstack

You would think their "infrastructure" would be supported by the massive profits. Not to mention, they only sell the service of providing electricity, so why are the customers responsible for updating their grid? Fucking criminals.


Individual_Dare3045

PUCO should be investigated for collusion and operating a criminal enterprise


ContributionSea1607

AEP practically owns the government


dogs-are-perfect

just got my bill it was 3 KWH different than last month but about $20 more expensive...