OMA Reacts to PUCO PPA Decision

Eric Burkland, president of The Ohio Manufacturers’ Association (OMA), issued a statement yesterday commenting on the Public Utility Commission of Ohio’s (PUCO) decision to approve Power Purchase Agreement (PPA) plans for FirstEnergy and American Electric Power (AEP).

Burkland said, “Today’s decision by the PUCO to approve requests from FirstEnergy and AEP to impose billions of dollars in new customer costs to fund the utilities’ power purchase agreements with their deregulated affiliates is a setback for electricity consumers in Ohio. If implemented, the agreements will serve essentially as new taxes on families and businesses, which will become a drag on the state’s economy.”