Curator Melissa Wolfe talks about the inspiration we can all take away from the Columbus Museum of Arts newest exhibition showcasing the work of home town hero George Bellows. George Bellows and the American Experience through January 4, 2014. This exhibition follows on the heels of a major retrospective of the artist organized by the [...]
Ohio Supreme Court Upholds $42 Million Fine Against AEP
The Ohio Supreme Court has upheld a state law that keeps a utility from earning excessive profits.
The state’s high court on Thursday rejected an argument by Columbus-based American Electric Power that the utility should not have been assessed a penalty for taking excessive profits in 2009.
The court, in a 6-1 decision, rejected AEP’s argument that the penalty was based on a law too vague to be enforceable. The court also disagreed with business groups and consumer advocates who argued that the utility should have faced a larger penalty than the $42 million it paid.
The 2008 law gave utilities wide latitude to raise rates but also gave the Public Utilities Commission of Ohio the discretion to decide what constitutes excessive profit.