The AEP rate suspension scam

If you buy into the propaganda surrounding the new law suspending Appalachian Election Power’s (AEP) latest rate increase then your momma failed to drown the dumb ones.

The bill, signed into law by Gov. Bob McDonnell with lots of fanfare Wednesday, suspends AEP’s latest highway-robbery rate increase until state regulators can approve it later this year but fails to provide any relief to cash-strapped households who can’t pay the outrageous bills sent out by the robber-baron utility for December and January.

AEP’s lobbyists, which finance the elections of people like McDonnell and the General Assembly shysters who foisted this con on the public, made sure that the company didn’t have to refund the increase they put into place late last year even though the state had not yet approved the increase.

Although the new law says AEP can’t impose future rate increases until they actually get approval, it also allows the utility to keep money from the recent increases even if the state rolls it back in July.

That’s what happens when you have a state government owned by special interest groups like AEP.

Our state legislators would like us to believe they passed this bill for “the people,” but that’s a damn lie. They passed it as a public relations ploy after cutting a back room deal with AEP to make sure they kept the money they have already stolen from customers and assuring the company they will get whatever they want in the future.

It’s a sellout by the crooks, liars and con-artists who occupy the General Assembly of Virginia.

Reblog this post [with Zemanta]

6 COMMENTS

  1. This is what happens when the state elects a Robertson-ite Republican. I’m not sure Deeds would be much better, but I’m also pretty sure he would not be nearly as bad either.

  2. Its not a bad first step, at least now AEP can not just raise the rate to whatever they desire. Now they need to look at the way the SEC regulates public utilities.

  3. Tonight over 5500 hundred people in our area listened in on the phone town hall meeting by Delegate Ward Armstrong. He is still working for the people of VA to stop the rate hicks. We have to help stop the back door dealing that goes on in Washington. You can go to his website and sign the petition.

    • I hope delegate Armstrong has a companion bill to provide free K-Y jelly to Virginia electric customers. We can use it to ease the pain in the you-know-where from what AEP is doing to us.

      • Just curious, Doug: what is the kilowatt hour rate that AEP charges? I pay .072 per kwh here in South Florida, along with a number of other charges and taxes.

Comments are closed.