October 12, 2012, Volume 1, Issue 98

10/12/2012

Update:  At the close of business on Friday, October 5, 2012, DP&L filed its application for approval of an ESP.  DP&L’s plan seeks the following:

  • Proposed plan covers a 5-year period beginning January 1, 2013 and ending December 31, 2017;
  • Blends existing SSO with competitive market-based auction price to derived blended SSO;
    • Initial auction of 10% of load to supply SSO in 2013
    • 40% in 2014
    • 70% in 2015
    • 100% in 2016
  • Proposed Service Stability Rider (SSR) of $120 million per year through the end of the term.

Also, DP&L has proposed an extremely accelerated schedule requiring that all Intervenor testimony be filed by October 29, 2012 and that all discovery be completed by November 5, 2012.  DP&L further proposes a six-day hearing commencing November 13, 2012, that all post-hearing briefing be completed within less than two weeks after the abbreviated hearing concludes, and that a Commission decision be issued by December 17, 2012.  Accordingly, a group of joint intervenors intend to file a memorandum contra to DP&L’s new proposed procedural schedule by next Monday.  A more reasonable procedural schedule will allow parties sufficient time to assess DP&L’s proposed ESP, conduct discovery, and prepare testimony. We recommend that the OMAEG sign on to this joint motion.

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