September 28, 2012, Volume 1, Issue 93

09/28/2012

Update:  Recall that Duke filed an application to defer the difference between its costs and the market price for capacity and to establish a cost-based charge, pursuant to Ohio’s newly adopted state compensation mechanism.  This week, a joint group of intervenors drafted a joint motion to dismiss for the PUCO to deny Duke’s request for cost-based capacity pricing.  It is our recommendation that the OMA sign on to the motion to dismiss which will be filed late next week.

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