Post Tagged with: "PUCO"

Dynegy Inc. CEO Bob Flexon
AEP / Coal / Duke Energy / Energy / FirstEnergy

Dynegy CEO: Re-regulation in Ohio would help ‘the weakest in the herd’

COLUMBUS — “Hopes for re-regulating Ohio’s power industry are another example of utilities not wanting to compete, says one of the newest entrants to the state’s power generation industry. ‘They’re used to getting what they want – big, fat margins so they can pay big dividends to shareholders,’ Dynegy Inc. […]

Video: June 15, 2015 Day of Action
Coal / Energy / Featured Video / FirstEnergy

Video: June 15, 2015 Day of Action

COLUMBUS — On June 15, 2015 Ohio Citizen Action and Ohio Sierra Club members and volunteers from all over FirstEnergy’s service territory came to Columbus to deliver a message to the Public Utilities Commission of Ohio and Governor John Kasich.

FirstEnergy can’t hide any longer
Coal / Energy / FirstEnergy

FirstEnergy can’t hide any longer

COLUMBUS — “FirstEnergy has also prevented opponents of its bailout from examining all relevant information to the case, including the credibility of its key witnesses. But, last week, the PUCO rejected these attempts to hide information about FirstEnergy’s embattled $3 billion proposal. As we near the start of the proposed bailout […]

PUCO should reject FirstEnergy rate request: editorial
Coal / FirstEnergy

PUCO should reject FirstEnergy rate request: editorial

CLEVELAND — “Akron’s FirstEnergy Corp. effectively wants its customers to be forced to invest in a handful of money-losing FirstEnergy power plants in hopes they will become profitable again and pay dividends. That’s the gist of an audacious rate-increase request that 1.9 million residential ratepayers and other customers of the Illuminating, Ohio Edison and Toledo […]

The Sierra Club’s Jen Miller addresses about 100 people in Columbus at a June 15 rally organized by the Sierra Club’s Ohio Chapter and Ohio Citizen Action to protest FirstEnergy’s plan.
Coal / Energy / FirstEnergy

FirstEnergy “bailout” case: Are new additions “special deals?”

COLUMBUS — “FirstEnergy continues to fight against full disclosure of details in its bid to have Ohio ratepayers guarantee sales for three less profitable coal plants plus the Davis-Besse nuclear plant, even as it adds new rate proposals. FirstEnergy says the new provisions are separate from its proposed power purchase […]

FirstEnergy next into fight over controversial power purchase agreements
Coal / Energy / FirstEnergy

FirstEnergy next into fight over controversial power purchase agreements

COLUMBUS — “For FirstEnergy, $5 billion is riding on its proposal. That’s the difference in projected costs being debated by FirstEnergy and its opponents. The company estimates its customers ultimately will save $2 billion in its plan, but an analysis by the Ohio Consumers’ Counsel projects a $3 billion shortfall […]

On June 15 about 100 demonstrators gathered in Columbus, Ohio to ask the Public Utilities Commission of Ohio (PUCO) to deny FirstEnergy's request for a rate hike to support its aging coal plants.
Coal / Energy / FirstEnergy / Uncategorized

Green energy advocates: Coal is unsustainable in more ways than one

COLUMBUS — “Environmentalists have said for years that coal and other fossil fuels are not sustainable sources of energy. Now advocates of green energy are arguing that coal has also become economically unsustainable. Coal has reportedly become a bad investment, even in countries with large coal reserves. FirstEnergy Corp. began […]

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

“No Coal Bailout” protest in Columbus

COLUMBUS — Over a hundred people turned up in front of the Public Utility Commission Office (PUCO) to protest against the request by FirstEnergy  for a bailout of their outdated coal plants and their Davis-Besse nuclear plant. Ratepayers showed up with signs lined up in front of the building on […]

PUCO Chairman Andre Porter
AEP / Coal / Duke Energy / Energy / FirstEnergy / Uncategorized

New PUCO head puts off ruling on income guarantees for power plants

COLUMBUS — “The new chairman of the Public Utilities Commission of Ohio had a chance on Thursday to rule on income guarantees for certain power plants, but he decided to leave the matter open, with no timetable for resolution. Andre Porter was sworn in last month and faces a docket […]

Debunking FirstEnergy’s bailout arguments
Coal / Energy / FirstEnergy

Debunking FirstEnergy’s bailout arguments

COLUMBUS — “FirstEnergy, the giant Ohio-based company that owns power plants and transmission lines in several midwestern and northeastern states, is running out of arguments for its proposed bailout. The Public Utility Commission of Ohio (PUCO), which is currently considering the proposal by FirstEnergy for substantial, customer-funded subsidies to bail […]