Cleveland Public Power

Cleveland Public Power

Cleveland Public Power (also known as CPP) is a publicly owned electricity generation and distribution company in Ohio. It was founded in 1907 by Tom L. Johnson, then Mayor of Cleveland, Ohio. Before 1983 it was known as Municipal Light (or "Muny Light" for short). CPP does not have sufficient capacity to compete across the entire Greater Cleveland area. Rather, it is intended to create additional capacity and to create a benchmark price in order to prevent price gouging by local private utilities.

In December 1978, Mayor Dennis Kucinich refused to sell the company when a number of banks, which were heavily invested in Muny Light's privately owned competitor, the Cleveland Electric Illuminating Company (better known as CEI or The Illuminating Company) refused to roll over the city's debt, as had previously been customary. This was seen as a bad move at the time - unable to pay its debts, the city became the first since the Great Depression to enter default - but Kucinich's decision was later vindicated by both city officials and the U.S. Senate, which found that CEI and the banks had acted improperly.

In December 2006, a new commissioner for CPP, Ivan Henderson took over the reins from the incumbent James Majer. Under the new commissioner's guidance CPP is poised to take over the streetlight maintenance from CEI.

External links


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Cleveland Public Library — Front entrance to the Cleveland Public Library s central location on Superior Avenue Established 1869 Location …   Wikipedia

  • Cleveland — Spitzname: Forest City Der Terminal Tower in Cleveland …   Deutsch Wikipedia

  • Public Square — Cleveland Public Square U.S. National Register of Historic Places …   Wikipedia

  • Cleveland Hopkins International Airport — IATA: CLE – ICAO: KCLE – FAA LID: CLE …   Wikipedia

  • Cleveland Browns — Current season Established 1946 Play in Cleveland Browns Stadium Cleveland, Ohio Headquartered in the Cleveland Browns Training and Administrative Complex Berea, Ohio …   Wikipedia

  • Cleveland Gladiators — Founded 1997 League Arena Football League (1997–present) Team history New Jersey Red Dog …   Wikipedia

  • Cleveland, Taylor County, Wisconsin — Cleveland, Wisconsin   Town   Location of Cleveland, Taylor County, Wisconsin …   Wikipedia

  • Cleveland Sellers — Cleveland Sellers, Jr. Born November 8, 1944(1944 11 08) Denmark, South Carolina, USA Political movement African American Civil Rights Movement Spouse Gwen Cleveland Sellers, Jr. was born in 1944 in Denmark, South Carolin …   Wikipedia

  • Cleveland: Now! — was a public and private funding program for the rehabilitation of neighborhoods in Cleveland, Ohio. Former Mayor Carl B. Stokes first announced the program on May 1, 1968. Local businessmen agreed to cooperate with the city in a fundraising… …   Wikipedia

  • Cleveland East Ohio Gas explosion — occurred on the afternoon of Friday, October 20, 1944. The resulting gas leak, explosion and fires killed 130 people and destroyed a one square mile area on Cleveland, Ohio s east side. The disaster At 2:30 p.m. on the afternoon on Friday,… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”