Update: This week, the PUCO issued its Eighth Entry on Rehearing. The PUCO’s entry considered OMAEG, FE, and others’ applications for rehearing of the PUCO’s Fifth Entry on Rehearing where, among other things, the PUCO affirmed its decision authorizing FE to collect up to $1 billion from customers under Rider DMR up to five years. However, the PUCO rejected FE’s request to modify the calculation of Rider DMR and to extend it through the eight-year ESP term. The PUCO also rejected FE’s request to exclude Rider DMR from the SEET calculation beyond three years but explained that it will reconsider the issue when evaluating any possible extension of Rider DMR.

The PUCO rejected FE’s request to reduce the scope of the Non-Market Based Services Rider (Rider NMB) Opt-Out program to just the signatory parties to the stipulation. The PUCO agreed with OMAEG that the NMB Opt-Out program should be open to all parties. The PUCO also affirmed its decision to require FE to file a new distribution rate case at the end of its ESP IV term. Further, the PUCO rejected FE’s request to increase the shared savings cap. For a more detailed review of the PUCO’s entry, see this summary: Summary of PUCO’s Eighth Entry on Rehearing Regarding FirstEnergy’s ESP IV prepared by Carpenter Lipps & Leland LLP.