More high heating bills incoming скачать в хорошем качестве

More high heating bills incoming

Much of the country will be paying for the huge snowstorm and bitter cold that hit in the last week, closing schools and businesses, canceling flights and keeping people inside their homes. That will almost certainly mean much higher heating bills, which were already approaching eye popping levels. AEP, which says customer costs for power generation supply have soared 112% in the last five years, has asked the Public Utilities Commission of Ohio to raise rates by about $4 a month or nearly $50 annually. The PUCO approved FirstEnergy’s request to reset distribution rates to increase their annual revenues by approximately $34 million, though FirstEnergy had asked for $190 million. Duke Energy also recently raised its residential electric rates. Karen Kasler talked to two experts on ballooning utility costs in the fall. Jenifer French is the chair of the Public Utilities Commission of Ohio. Economist and Ohio State University public policy professor Noah Dormady has researched this, finding that fewer bidders are showing up to compete at retail auctions that set the price of electricity generation for consumers, driving power costs up from $28 per megawatt day two years ago to $329 this summer.