Update:  On March 26, 2014, the Commission issued an Opinion and Order approving the Stipulation filed by AEP-Ohio and Staff.  OMAEG did not object to the Stipulation.  The signatory parties agreed that based on a review of the 2011 FERC Form 1 for Ohio Power Company (OP) and Columbus Southern Power (CSP), after adjustments for off-system sales and special accounting items, the earned ROE was 8.56% and 12.12%, respectively.  The Stipulation further provided that the safe harbor ROE range applicable to OP and CSP for 2011 is 13.03 to 13.97.  Accordingly, it was agreed that neither OP nor CSP had significantly excessive earnings for 2011.