Utility execs spar over profit guarantees for Ohio power plants

A panel discussion of energy issues turned into a contentious debate this morning as executives of American Electric Power, Dynegy Corp. and others went back and forth about proposed profit guarantees for some Ohio power plants. Dynegy CEO Robert Flexon, a vocal opponent, said the proposals are like a gas station setting its price at $5 per gallon today when gasoline is less than $2 per gallon. “That’s what you're signing up for,” he said, speaking at the annual Ohio Energy Man