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View Diary: The rage of a dying dinosaur: coal declines in United States (101 comments)

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  •  Yes, WVians know all about that (3+ / 0-)
    Recommended by:
    idbecrazyif, prfb, RLMiller

    Century Aluminum closed its WV plant several years ago. Now it wants to reopen, but only if it gets major rate concessions from Appalachian Power (the AEP subsidiary that provices electricity to much of the state).

    Problem is, of course, that if Century gets its steep, steep discounts, Apco will turn around and ask the state Public Service Commission to let it raise rates for residential customers, to make up the difference! And then other large power customers will ask for similar deals, and ratepayers will have to foot those bills, too.

    And our captive, servile PSC will go along because it will continue to maintain coal consumption ...

    West Virginia's new motto: Ex Os, Ex Mens (go look it up)

    by blonde moment on Fri Jun 22, 2012 at 09:52:28 AM PDT

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    •  BP did the exact same thing here in Indiana (0+ / 0-)

      with its large refinery complex in the north west. AEP thankfully under Indiana regulatory commission rules was not allowed to give as steep a discount as they asked. It was however allowed to phase rate increases to residential and commercial buyers over the next 5 years.

      Its a damn shame how obvious the modus operadi is yet people tend to ignore it.

      --Enlighten the people, generally, and tyranny and oppressions of body and mind will vanish like spirits at the dawn of day. - Thomas Jefferson--

      by idbecrazyif on Fri Jun 22, 2012 at 10:01:38 AM PDT

      [ Parent ]

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