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.