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Ormet Discount Costing Others

Agency says $305M subsidy is coming from AEP customers

December 12, 2012
By CASEY JUNKINS - Staff Writer , The Intelligencer / Wheeling News-Register

HANNIBAL - As the Upper Ohio Valley waits to see if Ormet Corp. will continue operating, a state agency believes other American Electric Power customers are subsidizing the company with $305 million in electricity discounts.

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