COLUMBUS — “Changes to state energy law nine years ago have ‘allowed more ways for utilities to propose rate increases for customers to pay,’ Ohio Consumers’ Counsel Bruce Weston told state lawmakers on Tuesday.
Chief among those recommendations were moving utilities closer to full market pricing for electricity and preventing opportunities for subsidies and excessive profits.
..Although AEP and FirstEnergy have both expressed interest in re-regulation, the Consumers’ Counsel wants Ohio to ‘stay the course on the benefits of competitive markets,’ Weston said. If anything, he added, that commitment ‘should be strengthened, not weakened.'”
— Kathiann M. Kowalski, Midwest Energy News