Poll: 79% of Ohio Voters Prefer Energy Choice

Efforts by Ohio’s traditional monopoly power companies – American Electric Power, headquartered in Columbus, Akron-based FirstEnergy, and Dayton Power & Light – to persuade legislators to scrap competitive markets and return to a fully regulated system could run afoul of an important political player – voters, according to a February 2 report by the Cleveland Plain Dealer..

FirstEnergy Asks for $4.5 Billion to Stay in Ohio

Akron, Ohio-based FirstEnergy made its latest proposal (Case No. 14-1297-EL-SSO) on August 29 to the Public Utilities Commission of Ohio (PUCO), continuing a two-year effort to shift the financial risks of operating two of its generating plants away from the company’s subsidiaries – Ohio Edison, Cleveland Electric Illuminating, and Toledo Edison – and to their 2.2 million ratepayers in the Buckeye State

PUCO Gives Modified Go-Ahead to AEP, FirstEnergy Profit Guarantee Proposals

The Public Utilities Commission of Ohio (PUCO) gave a limited go-ahead on March 31 to two controversial rate requests – one, from American Electric Power Ohio (AEP), intended to guarantee its income from six area coal plants (Docket No. 14-1693-EL-RDR); the other from FirstEnergy, designed … Read more…

Dynegy Jumps into FirstEnergy, AEP ‘Bailout’ Fray

“In response to the exorbitant and counter-productive subsidies currently under consideration for FirstEnergy and American Electric Power (AEP),” Houston-based Dynegy announced on January 12 that it is offering two counter-proposals to the Public Utilities Commission of Ohio (PUCO) that it claims “will save the state’s … Read more…

IOUs to Buy Electric Generation for Pennsylvania Default Service Customers

FirstEnergy – the operator of 10 investor-owned electric systems in the Midwest and Mid-Atlantic regions, including four in Pennsylvania – has filed plans with the Pennsylvania Public Utility Commission (PPUC) to procure electric generation supply for Metropolitan Edison (Met-Ed), Pennsylvania Electric (Penelec), Pennsylvania Power (Penn … Read more…

PUCO Staff Opposes AEP Proposal to Assure Income from Aging Plants

On October 9, staff at the Public Utilities Commission of Ohio (PUCO) rebuffed American Electric Power Ohio’s proposal (Case No. 14-1693-EL-RDR) to guarantee the income from its ownership interests in four AEP Generation Resources (AEPGR) coal plants  and its stake in  two Ohio Valley Electric … Read more…

What Happens When Deregulated Utilities Own Generation?

One of the foundational principles of deregulation is that power generation companies must compete with one another to ensure that their prices are in line with market prices. If they cannot profit by doing so, they must choose to either operate at a loss or … Read more…

Ohio Upholds Competitive Market Integrity

On February 18, we reported that the Public Utility Commission of Ohio (PUCO) was reviewing two cases that would have exempted utilities AEP and FirstEnergy from standard competitive market rules. This week, PUCO announced that it is denying AEP’s request, according to Power Magazine. This … Read more…

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