Post Tagged with: "electric utilities"

AEP shifting charges to match “true cost of delivery”
AEP / Fixed Rate Hikes

AEP shifting charges to match “true cost of delivery”

COLUMBUS — “One of the state’s largest utility companies is proposing a change to the way they charge customers for their power. Some groups are crying foul, but AEP Ohio says other changes will offset those costs. AEP is increasing the fixed rate, or so-called customer charge, to ratepayer’s electric […]

Ohio utility bills may see increase
AEP / Fixed Rate Hikes

Ohio utility bills may see increase

MARIETTA — “Local utility bills for small consumers may soon see a significant upfront increase due to changes in American Electric Power Ohio’s proposed service plan. ‘If this goes through, as early as this summer customers could see a huge increase on their bills,’ said Rachael Belz, executive director of […]

Credit: Neal Wellons (Creative Commons)
FirstEnergy / Nuclear Energy

Ohio nuclear bill could clash with federal law, conceals info from public

COLUMBUS — “A bill to subsidize FirstEnergy’s Davis-Besse and Perry nuclear plants presents potential conflicts under Ohio and federal law. Senate Bill 128 would implement FirstEnergy’s zero-emission nuclear, or ZEN, program to have its Ohio utilities’ two million distribution customers pay above-market prices for as much as $57 per year […]

Public hearing on AEP rate hike in Columbus
Energy / Fixed Rate Hikes

Public hearing on AEP rate hike in Columbus

It isn’t fair to have to pay a lot more on your electric bill every month even if you’re not using more electricity – yet that’s exactly what AEP and other electric companies in the state want. If you’re an AEP customer, you would see your monthly fixed charge go […]

Subsidies at issue as AEP, FirstEnergy, and Dynegy snipe at each other during debate on Ohio’s energy future
Utilities

Subsidies at issue as AEP, FirstEnergy, and Dynegy snipe at each other during debate on Ohio’s energy future

COLUMBUS — “Ohio’s energy industry is facing seismic shifts and the policy fights playing out before legislators and regulators led to a lively debate among representatives of the state’s top utilities at a packed energy conference in Columbus last week. Executives from the state’s four investor-owned electric utilities and the […]

Credit: Anthony Auston / Creative Commons
Research & Reports / Utilities

Report raises questions about Ohio utilities’ renewable energy credits

COLUMBUS — “Shortcomings in the way that regulators report on compliance with Ohio’s clean energy standards make it difficult to determine why utilities paid average prices that were about 70 percent more for each renewable energy credit than competitive suppliers spent in 2015. The Sierra Club lodged that complaint and […]

FirstEnergy had a rough first three quarters in 2015, but finished the year, overall strong. (Courtesy of FirstEnergy)
FirstEnergy

FirstEnergy to offer discount it says will undercut NOPEC’s rates

AKRON — “A little more than four months after their highly publicized split, Akron-based FirstEnergy Solutions and the Solon-based Northeast Ohio Public Energy Council are in full competition mode. With a new discount for customers, FirstEnergy may have just fired the initial shot of their first major battle — one […]

Ohio House speaker predicts bill removing green energy standards will pass with veto-proof majority
Freeze on Clean Energy / Renewable Energy

Ohio House speaker predicts bill removing green energy standards will pass with veto-proof majority

COLUMBUS — “The House is likely to pass a bill weakening Ohio’s clean-energy standards next week with a veto-proof majority, Speaker Cliff Rosenberger said Wednesday. ‘I think it’s sending a clear message … that this is something that we are very intent that needs to happen as state policy,’ the […]

Two Ohio coal-fired plants to close, deepening industry decline
Coal / Dayton Power & Light

Two Ohio coal-fired plants to close, deepening industry decline

DAYTON — “Electricity company Dayton Power & Light said on Monday it would shut down two coal-fired power plants in southern Ohio next year for economic reasons, a setback for the ailing coal industry but a victory for environmental activists. Republican President Donald Trump promised in his election campaign to […]

An analysis of Ohio consumer electric bills since 2009 by Ohio State University economists has found that consumers are paying higher electric bills today than they did before de-regulation. The study follows an earlier OSU-Cleveland State University study found that the auction-based standard service offer and the ability of consumers to switch to independent competitive suppliers saved on the price of power itself. But state regulators, following a change in the law in 2008, have allowed electric utilities to jack up delivery rates by adding special rate "riders," the new study has determined. (Ohio State University)
Research & Reports / Utilities

Electric bills $1 billion higher: OSU analysts urge state to require traditional utilities to sell power plants

COLUMBUS — “Ohio should require its traditional electric utilities to sell off their power plants, a team of Ohio State University analysts has concluded and is urging lawmakers to consider requiring that. ‘Our recommendation is that the state should do it [deregulation] right,’ said Noah Dormady, an energy and environmental economist […]