Events        Jobs        Contact        Migration Stats        Supplier Lists        Municipal Aggregation
Consumers’ Counsel Seeks Sanctions Against Duke Energy Ohio For Failure For Divest OVEC Share

August 25,2015



The Office of the Ohio Consumers’ asked the Public Utilities Commission of Ohio to initiate a proceeding under R.C. 4905.54 to impose sanctions on Duke Energy Ohio for what OCC alleged is Duke's, "violation of the PUCO’s Order," to transfer or divest its interest in the Ohio Valley Electric Company

OCC said that such transfer was required in Duke's most recent SSO proceeding, but noted that Duke in a recent status report said that it, “is not now in the process of attempting to divest its interest in OVEC"

More specifically, Duke stated: "Subsequent to the issuance of the Commission's Opinion and Order, Duke Energy Ohio filed an application for rehearing. Therein, among other issues, Duke Energy Ohio questioned the Commission's ability to direct the Company's contractual investments or undertakings, including its investment in OVEC. On May 28, 2015, the Commission granted Duke Energy Ohio's application for rehearing. Because Duke Energy Ohio believes that the Commission cannot dictate its investment in, or contractual relationship with, OVEC and future litigation may result so as to resolve the scope of the Commission's authority in this regard, Duke Energy Ohio is not now in the process of attempting to divest its interest in OVEC."

OCC also sought a PUCO order requiring Duke to take immediate steps to pursue the transfer or divestiture of its OVEC entitlement

"Duke’s disregard of the PUCO’s order is a matter of grave concern. If left unchecked, a message will be sent to Ohio’s consumers that utilities can pick and choose the portions of PUCO order they will accept. It is for this reason that Ohio’s General Assembly armed the PUCO with the authority to enforce its orders and to assess substantial forfeitures in the event of non-compliance. The PUCO should require immediate compliance and should consider imposing forfeitures as the General Assembly intended," OCC said

Tags:
Ohio   Duke Energy Ohio  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
TPV-SALES-EXECUTIVE -- Back Office Provider -- Other
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Head-of-Retail-Operations -- Wholesale Supplier/Trader -- Other
Energy-Regulatory-Specialist -- Other -- Other
More Stories on RetailEnergyX.com:
City Officials Allege Mailings Linked To FirstEnergy Sought To Erode Residents' Confidence In Muni
Report: FBI Searches Home Of Ohio PUC Chairman
PUCO Orders New Audit Of FirstEnergy Utilities' Compliance With Corporate Separation Regulations
Report: Energy Harbor Subpoenaed In Federal Probe Of Ohio Nuclear Subsidy Law
Updated: PUCO Directs FirstEnergy EDCs To Show Cause HB6 Political Spending Not Included In Rates


comments powered by Disqus





Advertise here:
Email retailenergyx@gmail.com


Events Jobs Contact Migration Stats Supplier Lists Municipal Aggregation

About Disclaimer Privacy Terms of Service

Home


Developed by: Avidweb Technologies inc.