Note that this "increase" occurs on top of record high electric rates. Due to falling fuel prices, rates should be headed down, not up. In fact, I believe that this is the principle reason for the transfer. Harrison is no longer competitive with gas, and the First Energy stockholders are looking for the ratepayers to assume this white elephant.
JBK
kevin fooce fmoose39@hotmail.com 2/2/2013 11:11 AM >>>
What about the AEP one?
Kevin Fooce fooce@hotmail.com 304-751-1448 work 304-675-6687 home 304-593-2875 cell
Date: Fri, 1 Feb 2013 22:45:08 -0500 Subject: Re: [EC] Fwd: Mississippi power plant poll From: jimscon@gmail.com To: fmoose39@hotmail.com CC: jkotcon@wvu.edu; Duane330@aol.com; almostnixie@cs.com; daniel.chiotos@gmail.com; ec@osenergy.org; Bill_Price@sierraclub.org; wjreilly99@yahoo.com
Unfortunately, the projected increase in a person's electric bill from this FirstEnergy scam may not be enough to really stir outrage - something like 6%.
On Fri, Feb 1, 2013 at 7:51 PM, fmoose39@hotmail.com fmoose39@hotmail.com wrote:
We should have a poll. I would go as far as saying we need billboards like FOC have. It should state the cost and how much we may have to pay. I would say we need to have several in the larger cities.
Sent from my HTC One™ X, an AT&T 4G LTE smartphone
----- Reply message ----- From: "James Kotcon" jkotcon@wvu.edu To: Duane330@aol.com, almostnixie@cs.com, daniel.chiotos@gmail.com, "Jim Sconyers" jimscon@gmail.com, ec@osenergy.org, "Bill Price" Bill_Price@sierraclub.org, wjreilly99@yahoo.com Subject: [EC] Fwd: Mississippi power plant poll Date: Fri, Feb 1, 2013 7:24 PM
The line below caught my attention:
"75 percent of respondents say cost overruns should be paid by utility shareholders."
This is exactly the issue with the First Energy and AEP transfers. Stockholders want to preserve their profits by dumping uncompetitive power plants on ratepayers.
Would it make sense to commission a similar poll in WV?
JBK
---------- Forwarded message ---------- From: Caitlin Pixley caitlin.pixley@sierraclub.org Date: Thu, Jan 31, 2013 at 3:52 PM Subject: Fwd: Test To: CONS-FRED@lists.sierraclub.org
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MS: Poll shows customer opposition to rate hikes via Kemper coal plant (Sierra Club) ( http://msbusiness.com/magnoliamarketplace/2013/01/30/sierra-club-poll-substa... )
The Sierra Club was supposed to release last Thursday the results of a poll meant to gauge Mississippi Power Co. ratepayers’ attitudes toward the Kemper County coal plant. The environmental group delayed the results because of a hearing in which the Mississippi Public Service Commission reached a rate case settlement with the utility. The delay ended Wednesday morning. The poll, conducted by Fondren Strategies, surveyed by landline and mobile telephone 400 respondents that a press release says were certified to be Mississippi Power customers. The results say 65 percent of those polled said the possibility of their electricity rates going up approximately 33 percent once the plant is finished erodes their support of the project. About 75 percent of respondents say cost overruns should be paid by utility shareholders. Mississippi Power has already filed to recover $172 million in financing costs associated with the project. The filing came one day after last week’s settlement, which lowered the maximum cost recoverable via PSC ratemaking proceedings from $2.88 billion to $2.4 billion. If the PSC grants the $172 million recovery request, Mississippi Power says rates will go up an average of 21 percent, starting in April and lasting through 2013, for customers who use an average of 1,000 kWh per month.
The project’s overall rate impact, the company said on an analyst call Friday, will hover around 25 percent. The Sierra Club has opposed the plant since its inception in 2009, calling it an expensive and unnecessary environmental hazard. The club has called for the plant to be converted to a natural gas-fired facility, which it says is cleaner than the lignite coal the plant will eventually use. The project is on time for a May 2014 completion, Mississippi Power said recently. Sierra Club’s own press release can be found here ( http://content.sierraclub.org/press-releases/2013/01/new-poll-shows-ms-power... ).
Fondren Strategies interviewed 400 voters in MS from Jan. 14 – 17; MoE is +/- 4.9% points at the 95% CI