AEP

Cathy Cowan Becker looks at electric bill in her Grove City home. Photo: Andy Chow
AEP / Coal / Energy / FirstEnergy

From the power plant to your electric bill: Federal ruling sets stage for big decisions

COLUMBUS — “What Cathy [Cowan Becker] and the 4.7 million other Ohio customers that pay for electricity might not realize yet is that the future of their electric bills and the energy industry are approaching a monumental moment. And a decision from federal regulators regarding coal plants may have set […]

AEP Ohio seeks developers for large-scale solar energy projects
AEP / Coal

AEP Ohio seeks developers for large-scale solar energy projects

COLUMBUS —”AEP committed to building 900 megawatts of wind and solar powered projects in the state as part of a December agreement with the Sierra Club. The environmental group dropped its once-heated opposition to AEP’s income-guarantee plan in large part because of the provision. The Columbus company’s Gahanna subsidiary, AEP […]

AEP used the Sierra Club's logo in a TV advertisement it produced to garner support for the proposal, and the Sierra Club urged its backers to write letters of support for the plan.
AEP / Energy

AEP wants to pursue 900MW of renewable power in Ohio – with caveats

COLUMBUS — “American Electric Power Company Inc. still plans to pursue a big chunk of new renewable energy projects in Ohio – as long as state regulators clarify some issues. One of the central planks of the utility’s proposal to guarantee income for some of its coal-fired power plants in […]

Ohio failed to protect customers and markets, so federal regulators came to the rescue
AEP / Energy / FirstEnergy

Ohio failed to protect customers and markets, so federal regulators came to the rescue

COLUMBUS — “The PUCO, by approving the bailouts, abjectly failed to uphold its mission. By stating the subsidies would stabilize prices and protect jobs at these plants, the PUCO tried to justify its decision. Although true, this does not justify saddling customers with $6 billion in above-market costs. Moreover, it […]

PUCO Chairman Andre Porter
AEP / Energy / FirstEnergy

All eyes on AEP, FirstEnergy with Ohio PPAs in doubt

Companies to seek ‘reregulation’; PUCO Chair Porter resigns COLUMBUS — “On Friday, Andre T. Porter, the chairman of the Public Utilities Commission of Ohio, announced his resignation, little more than a year after taking the position and less than a month after shepherding through the controversial PPAs. Porter’s announcement came two […]

Nick Akins, the top executive at American Electric Power
AEP / Energy / FirstEnergy

Returning to electricity regulation in Ohio would be hard road

COLUMBUS — “For people who have never thought about “re-regulation” of electricity companies, imagine dental surgery without an anesthetic. This gives an idea of what some of the reaction was like when Nick Akins, the top executive at American Electric Power, said last week that Ohio needs to consider restoring […]

Photo by Friscocali / Creative Commons
AEP / Coal / Energy / FirstEnergy / Freeze on Clean Energy

With ‘bailouts’ under federal scrutiny, Ohio utilities look to legislature

COLUMBUS — “It’s unclear what form AEP’s suggested re-regulation mechanism would take. However, it’s likely such a move would garner significant criticism from industry competitors, as well as consumer advocates and others. There have already been some attempts at political intervention. For example, FERC dockets for both the AEP and […]

BREAKING NEWS: FERC rescinds AEP, FirstEnergy affiliate-sales waivers; Will review Ohio PPAs
AEP / Energy / FirstEnergy

BREAKING NEWS: FERC rescinds AEP, FirstEnergy affiliate-sales waivers; Will review Ohio PPAs

WASHINGTON, DC — “FERC late Wednesday rescinded waivers it granted American Electric Power and FirstEnergy, meaning the controversial purchase power agreements approved by Ohio regulators will be subject to the commission’s affiliate abuse test. The commission granted a request by the Electric Power Supply Association and others asking it to […]

Andre Porter to resign as PUCO chairman, sources say
AEP / Coal / Energy / FirstEnergy

Andre Porter to resign as PUCO chairman, sources say

COLUMBUS — “Andre Porter will soon resign as Public Utilities Commission of Ohio chairman, according to sources. As soon as this week, Porter will say that he is stepping down to take a job out of state, according to three people who were briefed on the decision and spoke on […]

Institutional investors are walking away from Ohio utility companies that insist on coal
AEP / Coal / Energy / FirstEnergy

Institutional investors are walking away from Ohio utility companies that insist on coal

CLEVELAND — “Some of the world’s biggest investors are saying no thank you to enterprises so deeply—and dangerously—attached to coal. They include Norway’s Government Pension Fund Global, or GPFG, which last week announced its first round of divestiture from such holdings. Among the companies on Norway’s divestment list are three […]