June 8, 2012

Update:  Several intervening parties continue to testify and be cross-examined. This week, six OMAEG members testified and did an excellent job explaining the direct impact that AEP-Ohio’s proposed rates will have on their businesses and the manufacturing industry generally. The hearing is scheduled to conclude today, and then AEP-Ohio will have the opportunity to submit rebuttal testimony. Following that, OMAEG will submit its initial post hearing brief followed by its reply brief, and then we will prepare for oral arguments on Tuesday, July 3rd at the PUCO. In the meantime, we are awaiting additional information on a possible settlement proposal being driven by FirstEnergy Solutions. We will provide updates on both the hearing and the possible settlement as we get additional information.