USA - September 13 2011 On September 7, 2011, Ohio Power Company and Columbus Southern Power Company as well as numerous intervening parties, filed a settlement before the Public Utilities Commission of Ohio seeking approval of a 53-month electric security plan designed to transition AEP-Ohio to a fully competitive market for electric generation services.
USA - August 26 2011 On August 25, 2011, the Ohio Supreme Court issued a unanimous ruling in favor of five large industrial customers [Worthington Industries, Brush Wellman (now Materion Brush), Calphalon, Martin Marietta Magnesia Specialties, and Kraft Foods Global (collectively, “Customers”)].
USA - December 21 2010 On November 1, 2010, AEP Electric Power Service Corporation, on behalf of Ohio Power Company and Columbus Southern Power Company (collectively, “AEP-Ohio”), filed an application before FERC in FERC Docket No. ER11-1995 seeking authority to change the basis for compensation for capacity costs to a cost-based mechanism and included proposed formula rate templates under which the Companies would calculate their respective capacity costs under Section D.8 of Schedule 8.1 of the Reliability Assurance Agreement.
USA - September 16 2010 A key component of the energy efficiency benchmarks set forth in Senate Bill 221 (SB 221) involved a provision allowing mercantile customers (those having an annual electric usage of 700,000 kilowatt-hours or more) to "opt-out" of the responsibility for paying the Ohio electric distribution utilities' (EDUs) costs of compliance with those benchmarks—costs recovered through an energy efficiency rider.
USA - July 12 2010 Over the past few years, the electric power industry, federal and state regulators, and government agencies have confronted the challenge of updating the nation’s aging electric power infrastructure.