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Thank you, OUCC and Citizen’s Action Coaliton. This rate hike is absolutely wrong in every way. Our electricity will go out on a sunny day and then power surge 4 or 5 times to try and come back on, and it does it so frequently anymore it is unethical if Imay say so. It is absolutely heiness that he CEO of this company makes 13 + million dollars of which 11+ million is bonus, while he sits in his mansion in Georgetown. We, as the city need to take back our own utility company and manage it ourselves. I am sick of these greedy CEO’s and money hungry companies taking advantage of the average American trying to just make it.
“The final IURC decision is expected next spring.”
Really? that long?
Thank you OUCC and Citizen’s Action Coalition. I am all about training, safety and being a good corporate partner. And I will have to say my power is rarely out. However AES needs to understand they are a service provider and consumers have no other provider options. Their budgets need to be scrubbed of most marketing monies as their customers are already locked in.
And the ‘ghost employee’ situation needs to be investigated and if those are confirmed, AES should be penalized for those.
Absolutely agree about the ghost employees of 100 people. WOW!!!! I think that needs to be addressed immediately and some asses hung out to dry for that!!! WHO GETS AWAY WITH THAT CRAP????
That’s what I’m talking about! Bravo, OUCC and CAC! And a big “thank you” to everyone who turned out to the hearings and either provided testimony or submitted written comment into the record. This is a mess of AES’s own making. They’re asking for rate hikes, complaining about capacity and maintenance, just after 1) getting a rate hike approved a year ago, 2) lobbying the State Legislature to end net metering, 3) lobbying the State Legislature to kill State solar incentive programs (2 and 3 would have helped tremeandously with the capacity issue), and 4) doling out MASSIVE bonuses and pay raises to exectives and gargantuan dividents to shareholders.
The whole point to being an investor-owned utility is that your investments…you know…COME FROM INVESTORS. If they’re really having a problem with operations as a State-sanctioned monopoly, then they need to answer to their shareholders, find efficiencies, and/or or sell stock or other equity to fundraise. It should not be upon the ratepayer, who has no other choice, to pay for the failings of AES’s leadership and subsidize their greed.
Literally everyone else is being told to cut, cut, cut. Why should AES be rolling around in big, fat profits?
We NEED to take back our utility companies as a state, period.
As a big multi-national, that 10% profit goes to investments in places like Kazakhstan and Brazil. Very little of it shows up in Indiana. The consulting company that made $40 million dollars in that disastrous computer system upgrade last year was another division of AES, located in Brazil.
Thank you, Gov. Braun!