COLUMBUS — “American Electric Power Ohio has taken the unusual step of airing television ads in its ongoing debate with FirstEnergy Corporation over a pending rate case.
…At issue is a highly technical debate between the two utilities over AEP’s capacity charge, or how much the utility charges competitive suppliers for electricity they sell to customers in their service territory who switch. The Public Utilities Commission of Ohio is expected to make a ruling later this spring.
FirstEnergy Solutions and other competitive suppliers argue that AEP’s plan to charge $145 per megawatt-day for the first 21% of customers who switch, and $255 MW/day thereafter, is much higher than the market price for capacity, which will be $16 per megawatt-day in June.
AEP spokeswoman Terri Flora said with so many residential and small business customers now focused on the utility’s pending rate case, it made sense for the utility to explain their side of the story more publicly.”
— Gongwer News Service
— Dan Gearino, Columbus Dispatch
— John Funk, Cleveland Plain Dealer