Corporate Brass Balls award

FirstEnergy Ohio planned to distribute CFL light bulbs to customers. They were going to send each customer two CFL bulbs that costs $7.00 and bill the customers $22.00 for them. It was learned FirstEnergy was planning to charge the customers for the bulbs and the electricity they wouldn't be using.
http://www.cleveland.com/open/index.ssf/2009/10/rep_dennis_kucinich_seeks_fede.html

And the electricity they wouldn't be using?? AND the electricity they WOULDN'T be using? Am I reading that right or are these enormous balls blocking my view?

$28,125,000 clear profit on bulbs customers thought were free.

I guess they thought they needed it.

notified and able to opt out. The company says that the customer would save $60 over the course of 3 years if they used the bulbs. The $22 for the bulbs is portioned out over 3 years so the added amt to each bill is somewhat negligible. What i don't understand is the "charge them for the electricity they wouldn't be using" part.

From the article:

"Kucinich, a customer of Cleveland Public Power, says he's already got high-efficiency bulbs throughout his house, and is urging FirstEnergy customers to "simply buy more bulbs.""If they buy more bulbs, they will save more money and FirstEnergy will not be able to recoup that money and the environment will be better off," Kucinich said."


Go Kooch!

:)