Electric bills going down, I never thought I'd see this happen

[madokie]

ours went up last june by close to 20 bucks. it had pretty much wiped out the savings we were seeing from switching to cfl's earlier.


AEP-PSO plans to lower bills immediately.

http://www.tulsaworld.com/business/article.aspx?subjectid=49&articleid=20081202_49_E1_APPOie814121

By ROD WALTON World Staff Writer
Published: Tuesday, December 02, 2008
Last Modified: 12/2/2008 4:41:51 AM

AEP-PSO is reducing the average Oklahoman's monthly electric bill by more than $18 due to falling natural gas prices, the company announced Monday.

The lowering of the monthly fuel-cost factor by American Electric Power-Public Service Company of Oklahoma will take effect immediately, spokeswoman Andrea Chancellor said. The company had raised the fuel-cost adjustment by an average $17.50 in June.

"Right away," Chancellor said of the timeline for new, lower bills. "Some customers may already have gotten their December bills, and it came with a surprise."

AEP-PSO had raised its fuel-cost factor after natural gas prices rose 40 percent over a period of months. The company said it was down more than $100 million in under-recovered fuel costs at the time and shook off criticism that the adjustment was going to be annualized instead of being reviewed quarterly or monthly.

[Tandalayo_Scheisskopf]

1. That will happen in NJ...

Right after the state balances its budget.

[DesertFlower]

2. i hope mine goes down.

i have APS.