In a win for customers, the Supreme Court of Ohio recently decided that the Public Utilities Commission of Ohio (PUCO) improperly offset future grid modernization investments when analyzing AES Ohio’s significantly excessive earnings test (SEET) for 2018 and 2019 instead of refunding the approximate $61.1 million in excessive earnings to the utility’s customers.

The Court directed the PUCO to conduct a new SEET analysis and order refunds accordingly. 8/27/2025