OMA Energy Group Seeks to Ensure Transparency of Decoupling Refunds

The OMA Energy Group (OMAEG) is leading the effort at the Public Utilities Commission of Ohio (PUCO) to ensure FirstEnergy customers receive a full and immediate refund of nearly $30 million paid under House Bill 6’s decoupling provisions.

As reported by Gongwer News, under HB 6’s decoupling provision, which has since been repealed, FirstEnergy was authorized to collect revenue through a rider that guaranteed the company’s revenue at record-setting 2018 levels (about $978 million). The repeal legislation — House Bill 128, which takes effect June 30 — requires those funds to be promptly returned to consumers.

The OMA wants the PUCO to make public the records used to calculate decoupling refunds — and to ensure those records are independently verified. 6/14/2021