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March 10, 2011
Public Utilities Commission of Ohio Commissioner Cheryl Roberto said in a dissent yesterday that the Commission's decision on the payment of a credit to Columbus Southern Power customers under the Significantly Excessive Earnings Test (SEET) does not exclude customers taking competitive supply…
February 8, 2011
Ohio Power and Columbus Southern Power have filed tariffs at the Public Utilities Commission of Ohio to establish new market rate schedules for customers returning to utility-provided generation service after having elected competitive supply and opting to bypass the POLR charge.
January 31, 2011
The introduction of 1,800 MW of new capacity in the Pepco zone, which would bid into the Reliability Pricing Model at $0 due to a ratepayer-based long-term contract, would save PJM end users $1 billion annually in capacity payments, according to an analysis by the Independent Market Monitor.
January 31, 2011
AEP Ohio has proposed for Ohio Power an electric security plan for the period January 1, 2012 through May 31, 2014, that would include a half dozen new nonbypassable riders, plus the continuation of several existing nonbypassable riders (11-0348-EL-SSO et. al.). The electric security plan presumes…
January 31, 2011
Ohio Power's proposed electric security plan is designed to eliminate the "free ride" enjoyed by competitive suppliers and decrease migration in the AEP Ohio territories, AEP CEO Michael Morris said during an earnings call Friday.
January 28, 2011
Yesterday, the Public Utilities Commission of Ohio issued a further order regarding the credit to be paid to Columbus Southern Power customers as a result of the determination that Columbus Southern Power over-earned under the application of the Significantly Excessive Earnings Test (SEET), but the…
January 21, 2011
FERC ruled yesterday that Columbus Southern Power and Ohio Power are not authorized to introduce a new formula rate to set the price paid for capacity by competitive retail suppliers under the AEP Ohio Fixed Resource Requirement (ER11-2183).
January 20, 2011
The Public Utilities Commission of Ohio approved higher fuel adjustment clause (FAC) rates for customers at Ohio Power, effective with bills rendered beginning with the next billing cycle of 2011 (10-3043-EL-FAC et. al.).
January 12, 2011
The Public Utilities Commission of Ohio ruled yesterday that Columbus Southern Power generated $42.6 million in significantly excessive earnings in 2009, which will be refunded to customers through bill credits and the elimination of deferrals.
January 12, 2011
AEP Ohio sought rehearing of the Public Utilities Commission of Ohio's order establishing a state compensation mechanism for capacity under the AEP Ohio Fixed Resource Requirement (FRR) plan, arguing that PUCO lacks such authority, and that PUCO's order infringes upon FERC's exclusive jurisdiction…
December 30, 2010
The Public Utilities Commission of Ohio has opened a generic proceeding regarding the "throughput incentive" faced by electric distribution companies, and whether to pursue decoupling, a lost revenue adjustment mechanism, or other mechanism to mitigate this incentive (10-3126-EL-UNC).
December 20, 2010
Interpreting the PJM Reliability Assurance Agreement as eliminating a Fixed Resource Requirement (FRR) entity's ability to seek relief from FERC regarding the cost paid for capacity under an FRR plan where a state-established compensation mechanism is set would, "render[] the provision invalid or…
December 17, 2010
AEP Ohio has withdrawn a stipulation governing its Significantly Excessive Earnings Test which also would have impacted rates at Columbus Southern Power and committed signatories to supporting the pending merger of Columbus Southern Power and Ohio Power into a single operating company.
December 13, 2010
The Public Utilities Commission of Ohio has asked FERC to dismiss the application of Columbus Southern Power and Ohio Power to institute a formula rate for capacity compensation from retail suppliers, given that PUCO action has made the issue moot (FERC Docket ER11-2183).
December 9, 2010
The Public Utilities Commission of Ohio yesterday expressly adopted the current capacity charges established by the three-year capacity auction conducted by PJM, Inc. as the as the state's capacity compensation mechanism for Columbus Southern Power and Ohio Power, during the pendency of a newly…
December 8, 2010
PUCO Opens Docket on AEP Ohio Capacity Pricing PUCO has opened a docket entitled, "In The Matter Of The Commission Review Of The Capacity Charges Of Ohio Power Company And Columbus Southern Power Company." Other than the opening docket sheet, nothing is contained in the docket at this time…
December 6, 2010
Fireside Natural Gas Receives Waivers to Offer Prepaid Product in Georgia The Georgia PSC approved Fireside Natural Gas, LLC's requested waivers of applicable disconnection rules to allow Fireside to offer a prepaid natural gas product. Fireside customers will be offered the same published fixed and…
December 1, 2010
Staff of the Public Utilities Commission of Ohio, along with several end users, will support AEP Ohio's application to merge Columbus Southern Power and Ohio Power into a single operating company under a non-unanimous stipulation concerning the companies' significantly excessive earnings test (SEET…
November 29, 2010
The new capacity compensation formulas proposed by Columbus Southern Power and Ohio Power "may not be cost-based" and may "result in the double recovery of capacity costs," because they fail to consider capacity equalization payments pursuant to the AEP-East Interconnection Agreement, the Ohio…
November 22, 2010
Columbus Southern Power and Ohio Power have petitioned FERC to alter how competitive retail electric service (CRES) providers in Ohio compensate the AEP Ohio utilities for capacity under the utilities' use of the Fixed Resource Requirement of the Reliability Pricing Model.
November 3, 2010
AEP anticipates expanding its newly formed competitive retail supplier, AEP Retail Energy, beyond Ohio, where the retailer was initially formed to be defensive against customer migration to non-affiliated suppliers at Columbus Southern Power.
October 20, 2010
AEP expects customer migration in Ohio to negatively impact 2011 earnings by $53 million (7¢ per share), as it forecasts customer migration increasing to 14% of sales at Columbus Southern Power.
October 19, 2010
Md. Staff Recommend Commission Note IGS Filing to Use Columbia Retail Energy Trade Name
October 6, 2010
Dash Energy, LLC applied for a Pennsylvania electric broker/marketer license to serve all sizes of non-residential customers in all service areas. The start-up is led by Kelsay Yerian, who most recently was in sales and marketing at Merck & Co., Inc. Al Padron, formerly president of broker I3 Energy…
October 4, 2010
Ohio Power Company has petitioned the Public Utilities Commission of Ohio to impose a new nonbypassable charge on all distribution customers to recover costs related to the earlier than expected retirement of Unit 5 at the Philip Sporn Plant (Case 10-1454-EL-RDR).
