Post Tagged with: "PUCO"

Ohio utilities aren’t ready to share federal tax cut with customers
AEP / Energy / FirstEnergy

Ohio utilities aren’t ready to share federal tax cut with customers

COLUMBUS — “The full benefits of last year’s federal tax cuts haven’t trickled down to Ohio gas and electric bills, and if it’s up to the utilities it could be a while before that happens. Ohio utility regulators, like those in virtually every state, are deliberating on what to do with millions in tax savings […]

Consumer groups maintain rate increase cases and power purchase agreements filed by the utilities are muddying the waters of Ohio's energy market.
AEP / Dayton Power & Light / Duke Energy / Energy / FirstEnergy

Lower Ohio electric rates based on federal tax cut won’t be easy or quick

CLEVELAND — “Don’t plan on lower electric bills anytime soon reflecting the fat tax cut Ohio’s electric utilities are already enjoying. FirstEnergy, American Electric Power, Duke Energy and Dayton Power & Light have made it clear to the PUCO that passing on their windfall tax break from 35 percent to […]

$43 million in FirstEnergy overcharges can’t be refunded, says top court
Energy / FirstEnergy

$43 million in FirstEnergy overcharges can’t be refunded, says top court

CLEVELAND — “Consumers won’t see $5 reductions in monthly FirstEnergy electric bills as state regulators, the Ohio Consumers’ Counsel and environmental groups had hoped. The Ohio Supreme Court today ruled that FirstEnergy does not have to refund $43.4 million it collected from customers to pay for the most expensive Renewable Energy […]

PUCO, FirstEnergy’s common goal: a better grid
Energy / FirstEnergy

PUCO, FirstEnergy’s common goal: a better grid

AKRON — “The Public Utilities Commission of Ohio and Akron-based FirstEnergy Corp. appear to want the same thing: the development of a smarter, more reliable electricity grid in Ohio that likely will cost hundreds of millions of dollars but should make the state more attractive to business and provide better electric service for all. Not […]

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

Tax cut may lower utility bills, PUCO orders utilities to set aside savings for customers

CLEVELAND — “The Ohio Public Utilities Commission on Wednesday ordered the state’s utilities to start setting aside the estimated savings from a reduction in federal corporate taxes from 35 percent to 21 percent. Those savings, the commission reasoned, should go to utility customers because by state law, the PUCO allows […]

The AEP building in Columbus, Ohio. 
Photo by
Mark Cameron / Creative Commons
AEP / Energy / Fixed Rate Hikes

Ohio utility AEP never notified public about rate-case hearings

COLUMBUS — “After nearly a year and a half of deliberations with Ohio utility regulators, environmental groups, and customer advocates, American Electric Power appears to have agreement from most parties on the terms of its latest rate case. There’s just one problem: The company forgot to invite the public. The utility began working with the […]

Jessica Smith-Szabo, staff director for Ohio Citizen Action, addresses the crowd in Columbus at a rally protesting FirstEnergy’s utility bailout request in April 2015.
Coal / Energy / FirstEnergy

FirstEnergy filing could delay court ruling in ‘bailout’ case

COLUMBUS — “Despite a big win from Ohio regulators last month, FirstEnergy has filed papers asking for still more review. The move could ultimately delay a court ruling on a $200 million per year charge to prop up the company’s credit rating. At issue is a ‘distribution modernization rider’ that the Public […]

The Ohio Statehouse in Columbus (Credit: Ohio Department of Development).
Energy

Increasing electric bills to bolster a utility credit rating opposed

CLEVELAND — “A proposal allowing electric utilities to ask for a rate increase to keep their credit rating healthy has run into a buzz saw of opposition. The latest count is that nine organizations representing consumers, businesses both small and large and the state’s major industries are firing opposition letters […]

The more electricity regulators delay, the more customers pay
FirstEnergy / Ohio Utility Bailouts

The more electricity regulators delay, the more customers pay

COLUMBUS — “Remember the old ‘money booths,’ in which game show participants got to grab as many dollars as they could before the timer went off? Well, FirstEnergy’s the lucky contestant; everyday Ohioans are supplying the cash, and the Public Utilities Commission of Ohio (PUCO) is refusing to call time. […]

Rachael Belz, executive director, Ohio Citizen Action
Energy / Fixed Rate Hikes

What Ohioans are saying about fixed charge hikes proposed by electric companies

Commentary from Ohio Citizen Action Executive Director Rachael Belz Who wants to talk about household bills, right? It’s not exactly the most fun topic, but for the past few months, we’ve been out in neighborhoods across Ohio knocking on doors to talk with residents about just that subject – more […]