4 Promises of a Smart Grid

4 Promises of a Smart Grid

Last week, the Public Utility Commission of Ohio (PUCO) launched an initiative with the intent of taking the first steps to modernize the electricity grid in Ohio. The PowerForward initiative will be a series of workshops over the course of the year that will bring together the expertise of many stakeholders to ultimately develop a path...

The Fight For Your $15 Billion

The Fight For Your $15 Billion

The stage is set for battles at the Ohio Statehouse to roll back electricity deregulation. In one corner are two major Ohio utilities and in the other corner are the consumers and independent power plant producers. In an environment of historically low energy prices and generation technology advancements the traditional utility generators simply cannot compete...

5 Reasons Why Utilities Don't Want To Make Power

5 Reasons Why Utilities Don't Want To Make Power

A few weeks ago, AEP Ohio announced the sale of four of its premier power plants to two private equity firms. The sale included three natural gas-fired plants totaling 2,533 MWs and a monster coal-fired plant totaling 2,665 MWs. This transaction is the second of its kind in Ohio as Duke Energy sold all of...

Top Strategies for Lower Energy Costs

Top Strategies for Lower Energy Costs

This week, the PUCO filed a settlement agreement in the long disputed and very contentious FirstEnergy Power Purchase Agreement case. In short, this arrangement proposes an income guarantee paid by all consumers to FirstEnergy for uncompetitive aging power plants. AEP Ohio has made a similar request to the PUCO and a settlement filing on that request is imminent...

The Gift of Cost Recovery

The Gift of Cost Recovery

More and more headlines are going to be reading that Ohio is re-regulating generation, and in a sense they may be right. AEP Ohio, Duke Energy and FirstEnergy Corp. all have rate cases pending at the Public Utility Commission that includes a Power Purchase Agreement (PPA) Rider. This rider would guarantee the regulated utilities a...