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Monday, 08/20/2018 7:33:32 AM

Monday, August 20, 2018 7:33:32 AM

Post# of 487800
Amazon Isn’t Paying Its Electric Bills. You Might Be
https://finance.yahoo.com/news/amazon-isn-t-paying-electric-090012924.html

In at least two states, it’s also negotiated with utilities and politicians to stick other people with the bills, piling untold millions of dollars on top of the estimated $1.2 billion in state and municipal tax incentives the company has received over the past decade.



She was already struggling to pay her monthly $170. Leaning forgotten against Thomas’s mailbox was an old protest sign that read “UNPLUG Amazon Extension Cord.” It no longer felt like a trophy.



In Virginia, where Amazon’s Vadata Inc. is believed to operate at least 29 data centers and be planning 11 more, the company’s 78-page application for a special rate agreement has two versions—a heavily redacted public one and another under seal with state regulators.



Amazon dangled 12 more in exchange for reduced electricity rates, and AEP exempted it from surcharges other Ohioans must pay. “That’s de facto cost-­shifting,” says Ned Hill, an economist who teaches economic development policy at Ohio State University.



Not much different then subsidizing low water use rates....

Hey everyone is responsible for sharing the cost of providing electricity. :(

“A bank would never get away with what the Department of Education is doing.”

Sheila Bair

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