July 13, 2012, Volume 1, Issue 47

07/13/2012

Update:  After several months of delay, FirstEnergy unveiled a detailed overview of its proposal for its next three-year EE/PDR portfolio plan at the collaborative meeting this week.  Pursuant to Amended Substitute Senate Bill 221 (“SB 221”), electric distribution utilities must comply with state mandates on energy efficiency and peak demand reduction.  Accordingly, FirstEnergy intends to file its EE/PDR portfolio plan with the PUCO on or before July 31, 2012, and will request PUCO approval by November 1, 2012.  We will provide further information once FirstEnergy files its application.

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