August 8, 2012
Ohio Further Defers Collection of Certain AEP Ohio Capacity Costs, Clouding Retail Market; Approves Accelerated Auction for Portion of SSO Load
The Public Utilities Commission of Ohio's order on AEP Ohio's electric security plan issued this afternoon does not fully address the recovery of deferred capacity costs at AEP Ohio, and also includes an accelerated use of auctions to procure a significant portion of default service load.