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Power Company Excess - The Corporate Jet

3/14/2012

3 Comments

 
The Colorado Public Service Commission is a bit disturbed by electric utility Xcel's cost of corporate jets for which they are seeking reimbursement from ratepayers.  And if you think they're disturbed, you can imagine how the consumers feel about it.

Xcel added $1.1M of their $5.7M cost of the aircraft to their recent request for a rate increase.  Xcel says the expense is prudent to jet their execs around like mass transit for hoity-toity commuters.  This isn't a rare occurrence.  All the big investor owned utilities feel entitled to live like kings at your expense.  You might even come across the words "corporate jet" in the PATH Formal Challenge (page 60).

These clueless plutocrats need a few lessons in humility and a day or so spent inhabiting the real world in which the rest of us live.  News flash:  The economy is in the dumpster and we can't afford your sense of entitlement any longer!  Your train has run off the rails.  All passengers must disembark!


3 Comments
bh link
3/14/2012 08:31:29 pm

And the good people of Boulder must be pretty happy that the broke away from Exelon and formed their own municipal power company to focus on efficiency improvement and renewable power.

Reply
bh link
3/14/2012 08:33:01 pm

Correction - Xcel. Exelon is another power giant. They must have both had the same naming consultant.

Reply
Keryn
3/14/2012 11:04:49 pm

Do you suppose it was Burson Marsteller, the same spin doctor outfit that the ratepayers paid to create the name of our citizens' Coalition for Reliable Power?

How about some new names for the rest of them. I like that "x" theme.

XEP = Ex Electric Power Company

ExFirstAlleghenyEnergy

The process of elimination. Divorce your power company today!

Reply



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    About the Author

    Keryn Newman blogs here at StopPATH WV about energy issues, transmission policy, misguided regulation, our greedy energy companies and their corporate spin.
    In 2008, AEP & Allegheny Energy's PATH joint venture used their transmission line routing etch-a-sketch to draw a 765kV line across the street from her house. Oooops! And the rest is history.

    About
    StopPATH Blog

    StopPATH Blog began as a forum for information and opinion about the PATH transmission project.  The PATH project was abandoned in 2012, however, this blog was not.

    StopPATH Blog continues to bring you energy policy news and opinion from a consumer's point of view.  If it's sometimes snarky and oftentimes irreverent, just remember that the truth isn't pretty.  People come here because they want the truth, instead of the usual dreadful lies this industry continues to tell itself.  If you keep reading, I'll keep writing.


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