Wednesday, October 7, 2009

This is complete BS.

By Beau Cadiyo

I just read this article about FirstEnergy's plans to send out two light bulbs to customers in Ohio. They will be mailed or hand-delivered. Great, right? Nope - the bulbs will be paid for by the customers, who will be charged $.60 per month for the next THREE YEARS. As I calculate it, that's $21.60 for two light bulbs.

This is a rubbish practice, and both FirstEnergy and the state regulators should be ashamed of themselves. Clearly, FirstEnergy stands to gain a lot of money. At this website, bulbs are as low as $1.90 - thus, FirstEnergy is making $8.65 per bulb. Since they're sending out 4 MILLION bulbs, they would clear $34,600,000 - and that's at retail rates, which I'm sure they're not paying. I'm not sure what could have motivated the regulators to approve this plan. They should give customers the option of receiving the light bulbs and paying $10.55 per bulb - they shouldn't impose this exorbitant cost on them.

Write to your state representative, senator and Governor Strickland and tell them that this is unacceptable.


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