October 25, 2019
Ohio-Based Retail Supplier Says Passage Of As-Filed Bill Would Cause Supplier To "Reconsider" Future Investment In Ohio
During an earnings call yesterday, AEP CEO Nick Akins said that, in Ohio, AEP is, "continuing our focus on HB 247 with hearings progressing well."
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July 25, 2019
Touts New Ohio Law Allowing Utility To Enter Into Bilateral Contracts With Customers For Renewables
During an earnings call today, AEP CEO Nick Akins touted the ability of utility AEP Ohio to now enter into bilateral contracts with certain customers for renewable energy development, and looked towards the "redefinition" of Ohio energy policy via pending HB 247, which would allow utilities to offer…
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July 28, 2017
CEO Doesn't Expect Legislation Requiring "Market Rate Offer" To Go Very Far
During an earnings call, AEP CEO Nicholas Akins provided a legislative update, telling investors that the company sees a wide range of support for legislation allowing nonbypasable recovery of Ohio Valley Electric Corporation costs.
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May 25, 2017
Bill Would Prohibit Utilities From Offering Competitive Retail Electric Service
A newly filed bill in the Ohio House of Representatives (H. B. No. 247) would provide that, beginning on January 1, 2019, no electric utility and no entity affiliated with that utility may own and control any installed generation capacity located in Ohio
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