Last week the PUCO approved a settlement reached on a series of AEP rate cases. The OMA Energy Group was involved in settlement discussions and improved the cost impacts on the manufacturing sector. However, there were numerous moving parts including some provisions that will hike customer costs.
The settlement specifically confirms the OMA’s ability to challenge AEP’s new rider that customers must pay to bailout the unprofitable large coal power plants known as Ohio Valley Electric Corporation (OVEC).
OMA’s energy counsel, Kim Bojko of Carpenter Lipps & Leland, will explain the case impacts, as well as other PUCO cases of interest to manufacturers, at the May 16 meeting of the OMA Energy Committee. Register here.
Contact OMA’s Ryan Augsburger if you would like more information. 5/3/2018