"EVERYBODY TALKIN' " harry nilsson (part II)

  Congratulation's on your new position Michelle Best of Luck
******************************************************************

I'm going where the sun keep shining through the pouring rain

Well to no ones surprise Prairie State came up last night. With our Famous word "Levelization"
not really a word just a place in some minds.

Electric Director Jeff McHugh when questioned by Councilman Flock questioned him about the decrease in levelization cost asked if Painesville rate payers paid  for the decrease. Mr. McHugh said  "NO".
Well  if Painesville ratepayers aren't paying down levelization  costs who is? The Electric Fairy?

Does anyone at City Hall ever give a true picture of the mess this has got us all in?

Then comes Councilman DeLeone who truthfully has no clue about the process of Prairie States. It talks through his a## about something he knows nothing about. Although he does talk like an attorney defending a guilty client. Starting to wonder whose side he's on?

I sure wish HE would give us a presentation at the next meeting as he defends what's happening at Prairie State his views are like fingernails on a chalkboard to me.

Simple; Using numbers  easy to understand!!!

Say I ( can purchase all the MWh. power I want on the open market for $40.00)

Now with all the problems associated with Prairie State sometimes we have paid as much as say $115.00 at MWh. Now how do you charge that to all the stakeholders invested in Prairie State?

Even though you could have bought power at $40.00 MWh. AMP-OHIO picks an arbitrary figure of $75.00 MWh. and only charges you that much. With the promise that you will pay them back all the costs over $75.00 overtime in a loan that is what they call levelization.

Now as Mr. McHugh claimed Presently Prairie State is operating at 92+% O.K. but lets say they are producing power at the current time that only costs only $60.00 MWh. Painesville is still being charged $75.00 MWh. and will until all levelization loans are paid. So Mr. McHughs yes Painesville ratepayers are paying levelization costs. now and until they are paid in full.


Also please  you must remember paying $75.00 a MWh. is nowhere near a bargain.

Yes but soon we will be out of the woods? Not so fast the plant needs to retrofit a ""coal cleaner" at a cost of 100 million dollars that AMP-OHIO will pass on to us. Then while this is being done will the plant be operational? Or will we again pay for power we didn't receive and also be charged for the power we contracted for and need?

Prairie State Energy Campus the gift that keeps giving.

The "Experts" that got us in this mess? Well right now Peabody Coal is selling for  $1.23 a share. So to not be delisted on the NYSE they will take-1-for 15 reverse stock split.
All I can say is "there is a God"


Scott Walker drops out of Presidential Race. Well we can quit worrying about building a northern wall with Canada?  Little late anyway Ted Cruz already crossed the border, just think we could have our first Canadian born President!