Parties Ask FERC to Review Power Purchase Agreements

This week John Funk of the Plain Dealer reported that the Electric Power Supply Association and the Retail Energy Supply Association have asked for an immediate FERC review of AEP and FirstEnergy special deals called “power purchase agreements” that are before the Public Utilities Commission of Ohio (PUCO).  And, separately, the Office of the Ohio Consumers’ Counsel has filed its own objections with the FERC this week.

The complaining parties say that the utilities’ proposals do not meet the competitive standards the PUCO established in previous cases and are disruptive to the electricity market.

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