Post Tagged with: "PUCO"

State regulators approved a plan to help subsidize the Davis-Besse Plant in Ottawa County and other power plants across Ohio by having customers act like investors.
Coal / Energy / FirstEnergy

FirstEnergy customers would pay equivalent of extra monthly electric bill for up to eight years

CLEVELAND — “Federal utility regulators appear to be the last bulwark between consumers and FirstEnergy’s efforts to make them pay more to subsidize two of its old Ohio power plants. The Ohio Consumers’ Counsel, several environmental groups and competing power suppliers have asked the Federal Energy Regulatory Commission to intervene […]

The Davis-Besse Nuclear Power Station at Oak Harbor, Ohio, would have a guaranteed buyer for all its output if the PUCO approves a FirstEnergy plan. Photo by Kathiann M. Kowalski.
AEP / Coal / Energy / FirstEnergy

Advocates weigh in with federal regulators on FirstEnergy plan

COLUMBUS — “FirstEnergy has claimed that consumers would eventually come out ahead, based on its assumption that gas prices will increase significantly over the next eight years. However, a May 2016 report by the Energy Information Administration projects that natural gas prices will remain below $5 per million British thermal […]

Asim Haque, Chairman of the Public Utilities Commission of Ohio (PUCO)
Clean Power Plan

Ohio PUC chairman seeks balance in tackling carbon emissions

“…it’s the right thing to do” COLUMBUS — “As Ohio pursues parallel — and contrary — paths in response to U.S. EPA’s Clean Power Plan, one central person who will help determine the state’s energy future is Asim Haque, chairman of the Public Utilities Commission of Ohio. But the quirky […]

Ohio court backs PUCO on pricing
Energy / FirstEnergy

Ohio court backs PUCO on pricing

Effort to set energy rates detoured by FERC decision COLUMBUS — “The Ohio Supreme Court on Wednesday unanimously upheld the method that was used by state regulators to set current rates in the service territory of Toledo Edison parent FirstEnergy Corp. The decision comes as efforts to set rates for […]

The Davis-Besse nuclear power plant near Oak Harbor.
Coal / Energy / FirstEnergy

Ohio regulators will consider FirstEnergy’s new customer surcharges, expect higher monthly bills

COLUMBUS — “State regulators have opened the door for another round of hearings that could give FirstEnergy a way to have customers indirectly subsidize its old uneconomic power plants. The Public Utilities Commission of Ohio decided Wednesday that it would take another look at the company’s previously approved rate case set […]

Asim Haque, Chairman of the Public Utilities Commission of Ohio (PUCO)
Energy

Asim Haque is the new chairman of PUCO

COLUMBUS — “Asim Haque will replace Andre Porter as chairman of the Public Utilities Commission of Ohio. Gov. John Kasich appointed the attorney to the five-member commission in June 2013. His seat recently came open but Haque re-applied for the position. Haque is seen as a wonkish commissioner, someone in […]

Politically connected utilities have outsized influence in Ohio: Thomas Suddes
Energy

Politically connected utilities have outsized influence in Ohio: Thomas Suddes

COLUMBUS — “Utilities and other corporate giants will argue, and they’re correct, that they’re big employers – “job-creators,” and all that. But they’re also big political players – and not just out of civic-mindedness. Four-term Republican Gov. James A. Rhodes is credited with the slogan, “Profit isn’t a dirty word in […]

FirstEnergy throws a Hail Mary pass in its scheme to keep aging power plants alive

Coal / Energy / FirstEnergy

FirstEnergy throws a Hail Mary pass in its scheme to keep aging power plants alive


AKRON — “FirstEnergy plugs away in zombie-like fashion at its undying effort to make ratepayers pick up the tab on aging electricity plants whose time has passed. Despite having been delivered a major setback last week by the Federal Energy Regulator Commission, FirstEnergy is scrambling now for an end run […]

AEP used the Sierra Club's logo in a TV advertisement it produced to garner support for the proposal, and the Sierra Club urged its backers to write letters of support for the plan.
AEP / Energy

AEP wants to pursue 900MW of renewable power in Ohio – with caveats

COLUMBUS — “American Electric Power Company Inc. still plans to pursue a big chunk of new renewable energy projects in Ohio – as long as state regulators clarify some issues. One of the central planks of the utility’s proposal to guarantee income for some of its coal-fired power plants in […]

Ohio failed to protect customers and markets, so federal regulators came to the rescue
AEP / Energy / FirstEnergy

Ohio failed to protect customers and markets, so federal regulators came to the rescue

COLUMBUS — “The PUCO, by approving the bailouts, abjectly failed to uphold its mission. By stating the subsidies would stabilize prices and protect jobs at these plants, the PUCO tried to justify its decision. Although true, this does not justify saddling customers with $6 billion in above-market costs. Moreover, it […]