Post Tagged with: "PUCO"

DP&L considering closing two power plants
Coal / Dayton Power & Light

DP&L considering closing two power plants

DAYTON — “Dayton Power & Light Inc. is considering closing two coal-fired power-generating stations near the Ohio River, company officials said. ‘As part of DP&L’s electric security plan (ESP) filing at the Public Utilities Commission of Ohio, the company is involved in ongoing discussions to find sustainable solutions to market-driven […]

DP&L pushes law that would let state raise rates
Energy / Utilities

DP&L pushes law that would let state raise rates

DAYTON — “Dayton Power and Light is lobbying state legislators to amend existing law that would allow the Public Utilities Commission of Ohio to raise electric rates if a utility’s financial integrity is at stake. If passed, the PUCO could raise or modify rates ‘if the (PUCO) finds that the […]

AEP takes $2.3B write-down of coal plants to avoid Ohio’s ‘deregulation debacle’
AEP / Coal

AEP takes $2.3B write-down of coal plants to avoid Ohio’s ‘deregulation debacle’

COLUMBUS — “American Electric Power Company Inc. CEO Nick Akins often peppers his public comments with references to music or movies. It’s a way to translate complicated public policy and energy issues through the lens of popular culture. On Tuesday, his quote previewed the theme of comments by executives of […]

FirstEnergy must cut costs to avoid credit downgrade
FirstEnergy / Ohio Utility Bailouts

FirstEnergy must cut costs to avoid credit downgrade

AKRON — “Chuck Jones needs to find about $200 million. That’s roughly the amount that Jones, CEO of Akron-based FirstEnergy Corp., says he needs to find in cost savings to preserve his company’s credit rating — and ultimately to stay independent. It will mean cuts to FirstEnergy’s expenses. That includes […]

Editorial: Ohio deserves better
Commentary / FirstEnergy / Ohio Utility Bailouts

Editorial: Ohio deserves better

TOLEDO — “At first glance, it appears that the Public Utilities Commission of Ohio put its proverbial foot down when it rejected FirstEnergy Corp.’s request for funding to improve its power grid. But closer scrutiny reveals that the utility seems to have been handed a ‘cash grab’ and no requirement […]

DP&L switches proposed electric charge before hearing
Dayton Power & Light / Energy

DP&L switches proposed electric charge before hearing

DAYTON — “On Friday, four days before a public hearing in Dayton, Dayton Power & Light (DP&L) withdrew a proposed ‘reliable electricity rider,’ or charge, in favor of another proposed charge, this one for “distribution and modernization.” A proposed ‘electric security plan’ for DP&L — the subject of Public Utilities […]

Ohio Statehouse
Commentary / Freeze on Clean Energy

Thomas Suddes commentary: Ohioans brace for ‘post-election’ season

COLUMBUS — “While everyone’s watching Donald Trump or Hillary Clinton (or, most likely, football), some state issues are being quietly shaped in Columbus, waiting for the traditional, and traditionally frenzied, post-election (‘lame-duck’) session of the General Assembly. One issue that might (or might not) be addressed is Ohio’s two-year freeze […]

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

Consumers’ Counsel says FE rates illegal, asks Supreme Court to toss them out

COLUMBUS — “Consumers who thought federal authorities had saved them from a FirstEnergy surcharge to subsidize two of the company’s old power plants should think again, says the state’s consumer watchdog. The Ohio Consumers’ Counsel points out in an appeal it filed with the Ohio Supreme Court this week that […]

The AEP building in Columbus.
AEP / Energy / Fixed Rate Hikes

Ohio utility seeks to double its fixed distribution charges

COLUMBUS— “In response to an increasing number of customers installing solar power or opting for energy efficiency measures, American Electric Power has asked Ohio regulators to increase the share of distribution charges that all its utility customers must pay, regardless of how much electricity they use. AEP Ohio has seen […]

Howard Petricoff
Energy

Kasich picks Democrat Petricoff to fill seat on PUCO

COLUMBUS — “The Public Utilities Commission of Ohio now includes a Democrat for the first time in more than a year with the appointment of Howard Petricoff to the panel. …Petricoff, 66, retired this year after more than 30 years representing private clients in cases before the PUCO. In recent […]