AEP

FirstEnergy is about to ask Ohio lawmakers to create new regulations awarding "zero emission credits," or ZECs, to its nuclear power plants, Davis-Besse east of Toledo and Perry east of Cleveland, in recognition that they do not contribute to air pollution. The ZECs would increase customer bills. The plan is sure to be challenged in federal court because it would subsidize the nukes which are supposed to be operating in a competitive market.
AEP / Duke Energy / Energy / FirstEnergy

Ohio electric deregulation on the chopping block?

CLEVELAND — “The big power plants that FirstEnergy and Columbus-based American Electric Power have operated for decades just cannot make electricity as cheaply — or as profitably —  as the new gas turbines, and at times, wind farms. The companies have been looking for a way to escape the perils […]

Consumer groups maintain rate increase cases and power purchase agreements filed by the utilities are muddying the waters of Ohio's energy market.
AEP / Energy / FirstEnergy / Freeze on Clean Energy

FirstEnergy, American Electric Power to approach renewable energy differently

CLEVELAND — “Now that Ohio’s renewable energy standards have snapped back in place by virtue of Gov. John Kasich’s veto of Substitute House Bill 554, FirstEnergy Corp. of Akron will be required to boost the percentage of renewable energy it distributes to retail customers. A freeze of the mandates in […]

2016 Year In Review – Energy Issues
AEP / Energy / FirstEnergy / Freeze on Clean Energy

2016 Year In Review – Energy Issues

COLUMBUS — “Ohio has a big coal industry, but also has a lot of land for wind energy development. And state officials seems to be floating in the middle as far as energy policy goes. The energy issue pulled the state in two different directions. Two of the state’s biggest […]

Wind turbines generate electricity on a farm straddling Paulding and Van Wert counties in northwest Ohio.
AEP / FirstEnergy / Freeze on Clean Energy

Kasich vetoes bill that would have made renewable energy voluntary, opens the door to comprehensive energy reform

COLUMBUS — “Kasich had repeatedly pledged during his presidential bid that Ohio would support wind and solar, that he would not allow more conservative lawmakers to extend the two-year freeze, and that making the standards voluntary was unacceptable. In his message to lawmakers accompanying the veto, Kasich wrote that HB […]

The first vote today followed a 14-minute appeal Kasich made from the House dais at the start of the session. House Speaker Cliff Rosenberger, a Republican from Clarksville, said he invited the governor.
AEP / FirstEnergy / Freeze on Clean Energy

Kasich vetoes bill delaying renewable energy mandates

COLUMBUS — “Gov. John Kasich today made good on his threat to veto a legislative effort to again delay enforcement of Ohio’s requirement that utilities find more of their electricity from renewable sources. …By 2027, FirstEnergy, American Electric Power, and other utilities must find 12.5 percent of their power from […]

AEP's Conesville Power Station Credit: Delta Whiskey, Creative Commons
AEP / Fixed Rate Hikes / Utilities

AEP Ohio rate plan excludes merchant generation

COLUMBUS — “AEP Ohio proposed a new retail rate plan that would more than triple residential customers’ fixed charges and shift more costs to customers that do not purchase their power through a competitive supplier. But the company’s request for a six-year extension of its ‘Electric Security Plan’ (ESP) lacks […]

AEP revises proposed rates to include tech features, like charging stations
AEP / Utilities

AEP revises proposed rates to include tech features, like charging stations

COLUMBUS — “American Electric Power is revising an eight-year rate proposal to include new technology programs, such as electric–vehicle charging stations. A typical household would see a monthly bill increase of $1.58, the company said. This is a new version of a plan the utility submitted in May as part […]

Deregulation shaved $15 billion from Ohio electric bills, lawmakers to meet Friday to re-regulate
AEP / Energy / FirstEnergy / Ohio Utility Bailouts

Deregulation shaved $15 billion from Ohio electric bills, lawmakers to meet Friday to re-regulate

CLEVELAND, Ohio — Consumers, businesses and industries saved $15 billion on electricity between 2011 and last year and are on course to save the same amount by 2020, the Northeast Ohio Public Energy Council, or NOPEC, said today. The claim is based on joint research and statistical analysis completed for […]

For the second month in a row, natural gas beat coal as the main source of U.S. electricity generation, accounting for 35.2 percent of supplies in August, a government report showed.
AEP / Coal / Energy

Cheap gas tests Trump’s promise to revive coal

U.S. utilities already have retired hundreds of coal-burning power plants NEW YORK, NY — “American Electric Power Co. of Columbus, Ohio, one of the nation’s biggest utility companies, has sold or retired half its fleet of coal-burning power plants in recent years. No matter who occupies the White House, ‘it’s […]

AEP and FirstEnergy say the guarantees are needed to maintain a reliable power grid.
AEP / Energy

AEP wins profit guarantee sought in coal-fired power case

COLUMBUS — “American Electric Power’s bid for profit guarantees for coal-fired power-plants has been approved by state utility regulators, although in a slimmed-down fashion. But the decision in that case, issued Thursday, more significantly gives AEP the right to own up to half of 900 megawatts of potentially-lucrative, new renewable-energy […]