From: Robert Robinson <robrobin@me.com>
Date: Tue, Jul 31, 2012 at 9:21 PM
Subject: Check out TOPP Petition - Turn Off Pepco Payments
To: hugh <hugh@youngbloodcapitalgroup.com>
Hi Hugh, Please consider our petition to Turn Off Pepco Payments, at: Link: http://gotaf.socialtwist.com/redirect?l=3ok9g Our three-point plan urges the Council of DC to take a stand for DC residents and unleash actions of mass accountability on Pepco. We know the story. Between 2005 and 2010 electric prices doubled. Pepco deferred maintenance, fired staff, and abandoned customer service in favor of automation, while paying out hundreds of millions in dividends and showering top executives in seven figure salaries, stock options and golden parachutes. The result? Our grid remains mired in the bottom quartile among US municipalities for reliability. Pepco = Power Outages. Councilmember Yvette Alexander's Committee on Public Services and Consumer Affairs held a hearing on Pepco's reliability and storm restoration in February of 2010 . . . Pepco's reliability didn't improve in the US rankings, but the frequency, scope and duration of power outages got worse -- even when the weather is good. June 29's storm caused hundreds of thousands to lose power for a week or more. Pepco is now synonymous with power outages. Alexander's Committee held another reliability and storm restoration hearing on July 13. Pepco insisted they could not have bettered their response . . . storms of such unprecedented violence are . . . As a public utility, Pepco should appreciate how global warming and extreme weather events are related. Or support the creation of more locally-produced renewable energy. Nope. Pepco shot down a 2011 shareholder resolution in support of a policy to reduce greenhouse gas emissions. If you can, please share this with friends and neighbors who don't want to keep going through these nightmares, thank you for listening, Robert Robinson |
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Hugh Youngblood
Chief Executive
+1 202 596 9241
hugh@youngbloodcapitalgroup.com
Youngblood Capital Group, LLC
Hugh Youngblood
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