Update: In April, OCC filed a motion requesting that the PUCO stay the continued collection of the Rate Stability Charge (RSC) during the pendency of the appeal to the Supreme Court of Ohio. In response, DP&L argued that the PUCO can no longer modify or stay its order and a stay of the RSC would adversely affect DP&L’s ability to provide stable and certain utility service. In its reply, OCC emphasized that the Court is likely to find the RSC to be a transition charge identical to the previous Service Stability Rider (SSR) the Court found unlawful just last summer. OCC also outlined that because RSC charges cannot be refunded under current Supreme Court of Ohio precedent, DP&L will receive a windfall of up to $73 million should the Court find the RSC to be unlawful. The PUCO’s decision on the motion to stay is pending
May 26, 2017, Volume 6, Issue 54
05/26/2017