08/09: Dominion Energy offered the first twenty-five thousand Duke Ohio customers
who sign up by September 30, 2009 a fixed electric rate of 6.88 cents per kilowatt
hour through December 2010. This fixed rate is approximately 20 percent less
than the incumbent Duke Energy’s current electric rate price of 8.61
cents per kilowatt hour. The lower Dominion Energy rate would apply only to
the electricity consumed portion of a customer’s total electricity bill.
Source: The Enquirer/Cincinnati.Com
http://news.cincinnati.com/
01/09: The Public Utilities Commission of Ohio voted to allow utility surcharges
for FirstEnergy Corporation to expire. The utility surcharges were originally
put in place to allow Ohio electric utilities to recoup some of the costs incurred
during preparation for electricity deregulation that never occurred.
Source: The Public Utilities Commission of Ohio
http://www.puco.ohio.gov/
03/06: The Supreme Court of Ohio ruled that FirstEnergy’s auction plan
was in violation of the 1999 retail choice legislation because FirstEnergy
had not provided an alternative choice to its customers.
Source: The Supreme Court of Ohio
http://www.supremecourtofohio.gov/
08/05: The Public Utilities Commission of Ohio (PUCO) issued a report showing
the progress of The Ohio Retail Electric Choice Program. The report covered
the progress that had been made in the area of retail choice since 2002. Key
developments were as follows:
• In the residential market, the megawatthours (MWh) sold by alternative
electric suppliers grew from 60 to 73 percent in the Cleveland Electric Illuminating
Company territory, from 36 to 43 percent in the Toledo Edison Company territory,
from 22 to 30 percent in the Ohio Edison company territory, and from 2 to 5
percent in the Cincinnati Gas and Electric Company territory.
•
In the commercial market, the MWh sold by alternative electric suppliers grew
from 50 to 61 percent in the Cleveland Electric Illuminating Company territory,
from 38 to 42 percent in the Ohio Edison Company territory, from 32 to 38 percent
in the Cincinnati Gas and Electric Company territory, and from 9 to 19 percent
in the Dayton Power and Light Company. These numbers dropped slightly from
51 to 49 percent in the Toledo Edison Company territory and from 6 to 4 percent
in the Columbus Southern Power Company territory.
•
In the industrial market, the MWh sold by alternative electric suppliers grew
from 28 to 64 percent in the Dayton Power and Light Company territory, from
18 to 20 percent in the Cleveland Electric Illuminating Company territory,
from 9 to 18 percent in the Cincinnati Gas and Electric Company territory,
and 4 to 5 percent in the Toledo Edison Company territory. This number dropped
slightly from 32 to 29 percent in the Ohio Edison Company territory.
Source: Public Utilities Commission of Ohio
http://www.puco.ohio.gov/emplibrary/files/media/publications/
01/03: The Ohio Consumers’ Counsel (OCC) published its 2002 End-of-Year
Update on Ohio’s Electric Market that reviewed the past two years of
competition in Ohio. According to the report, “813,000 residential consumers
statewide – or about 20 percent of those who were eligible to participate
in electric choice-actually switched electric suppliers.” Most of those
customers participated in community aggregation groups. At the time, Cleveland
Electric Illuminating had the highest percentage of customers who switched
to an alternative supplier.
10/02: The Public Utilities Commission received Dayton Power & Light’s
proposal to extend its current generation rate freeze from December 31, 2003
to December 31, 2005.
10/02: Dominion Retail Inc., a licensed retail electric supplier by the Public
Utilities Commission of Ohio, was offering one-year contracts to residential
customers of Cinergy’s Cincinnati Gas and Electric Company’s (CG&E).
The contracts were proposed to end in December 2003, but the offer would expire
on November 29, 2002. Dominion’s limited time offer was for 4.70 cents
per kilowatt-hour, which was approximately 10 percent below CG&E’s
current price to compare of 5.22 cents per kilowatt-hour.
09/02: The Ohio Consumers' Counsel along with the Industrial Energy Users
- Ohio and the American Municipal Power - filed a complaint against Dayton
Power and Light for violating the Electric Choice Law. According to an OCC
press release, "DP&L had failed to comply with a PUCO order to transfer
operational control of its electric transmission facilities to a Federal Energy
Regulatory Commission (FERC) - approved Regional Transmission Organization." These
organizations filed a similar complaint against American Electric Power (AEP)
in June 2002.
07/02: The Ohio Consumers' Council (OCC) released its "Summer 2002 Electric
Market Update," which stated that "progress towards meaningful electric
choice for the state's residential consumers had begun to stall." In central
and southern Ohio, two competitive residential suppliers existed until New
Power declared bankruptcy. The other supplier at the time, an affiliate of
FirstEnergy, "has restricted its activity to FirstEnergy's traditional
service territory in northern Ohio." Many Ohio residential customers did
not have the opportunity to participate in retail competition, and community
aggregation had been the primary option.
06/02: The PUCO issued their first quarter "switching statistics," summaries
of electric customer choice switch rates in terms of sales and customers, for
2002. In terms of customers, 52.58 percent of residential Cleveland Electric
Illuminating Company customers switched to a certified retail electric supplier
(CRES) while 18.36 percent of commercial and 24.34 percent of industrial customers
switched. Toledo Edison Company had 45.84 percent of residential customers,
3.43 percent of commercial customers, and 20.66 percent of industrial customers
switch to a CRES. Ohio Edison Company had 16.43 percent of residential customers,
8.54 percent of commercial customers, and 30.90 percent of industrial customers
switch to a CRES. Cincinnati Gas and Electric Company, Columbus Southern Power
Company, and Dayton Power and Light Company had less than 1 percent switch
to a CRES. No Monongahela Power Company or Ohio Power Company customers were
participating in the Ohio Electric Choice program at the time.
06/02: According to a press release, Allegheny Energy Supply, a subsidiary
of Allegheny Energy, Inc., sold "approximately 45,000 residential and
commercial accounts in FirstEnergy's northern Ohio service territory" to
Dominion Retail, Inc., a subsidiary of Dominion. Dominion Retail would replace
Allegheny Energy Supply as the customers' certified retail electric supplier,
but customers "would continue to receive one bill from their local utility."
06/02: The Triad Research Group completed its 2002 Research Report for the
Public Utilities Commission of Ohio as part of the Ohio Electric Choice campaign.
According to this annual market survey, customers were more supportive and
knowledgeable of electric choice because of the increase in advertising. However,
customers were less interested and concerned about the “reliability of
electric service.” Of the customers surveyed, “only 5.1% reported
switching suppliers, while one-quarter (25.9%) had decided to not switch.”
04/02: The Public Utilities Commission of Ohio (PUCO) released The Ohio Retail
Electric Choice Programs Report of Market Activity for the Year 2001 to the
Ohio General Assembly. The report summarized "the market activity during
the first year of Ohio's retail electric choice program." According to
the report, the Cleveland Electric Illuminating Company had 50 percent of its
customers switch to alternative suppliers. 15 percent of Ohio Edison's customers
switched, and over 4 percent of Toledo Edison's customers chose another electric
supplier. While Cincinnati Gas and Electric, Columbus Southern Power, Dayton
Power and Light had less than 1 percent of its customers switch. No Monongahela
Power or Ohio Power customers switched during 2001.
01/02: The Ohio Consumers' Counsel released the first report card for Ohio's
electric choice program. Overall, the OCC said electric customers were "better
off than they were before electric choice." About 15 percent of eligible
customers switched electric suppliers in 2001, mainly former customers of the
three FirstEnergy companies. In northern Ohio, 158 communities aggregated their
load and chose an alternative supplier. The counsel recommended that the state
work out a plan to attract more alternative suppliers in less competitive areas
of the state; issue competitive bidding rules at the end of the transition
period; develop more conservation and energy efficiency programs and policies;
and implement a regional transmission organization. On the federal level, the
counsel recommended monitoring mechanisms to curb market power and guaranteeing
adequate wholesale power reserves.
09/01: The PUCO adopted rules for local government aggregation of electricity
customers. Under Ohio's restructuring legislation passed in July 1999, local
governments could serve as an aggregator for electricity customers. The new
rules focused on three issues: Cooperation of the utilities in providing lists
of the customers in the local government's jurisdiction, forming programs for
customers to "opt-out" of the aggregation, and the requirements for
providing customers with written notices of inclusion in the aggregation unless
the customer specifically "opted-out."
01/01: Retail direct access to competitive electricity suppliers began on
January 1, 2001, in the State. The first month saw about 97,622 customers in
First Energy territories switch suppliers. Standard Offer Rates ranged from
3.6 to 4.9 cents/kWh in the three FirstEnergy subsidiary territories of Toledo
Edison, Ohio Edison, and Cleveland Illuminating.
12/00: Beginning January 1, 2001, Ohio residential, commercial, and industrial
consumers were scheduled to have access to retail markets for electricity.
Consumer education programs were available on the Ohio Electric Choice web
site, through mass mailing by the PUCO, and by telephone.
10/00: Allegheny Energy's (parent of Monongahela Power) restructuring plan
was approved by the Public Utilities Commission of Ohio (PUCO). Competition
and a 5 percent residential rate reduction were scheduled to begin January
1, 2001. Rates would be frozen through the development period, which was proposed
to be 2003 for large industrial consumers and 2005 for residential consumers.
10/00: American Electric Power's (parent company for Ohio Power and Columbus
Southern Power) restructuring plan was approved by the PUCO. Retail competition
was scheduled to begin January 1, 2001, with residential consumers receiving
a 5 percent rate reduction. More than $600 million in transition costs were
proposed to be collected through 2007 (for Ohio Power) and 2008 (for Columbus
Southern Power). Certain residential customers would have transition charges
waived. Also, rates would be frozen through the development period or 2005,
whichever came first. Shopping credits, incentives and switching procedures
would also be provided, and AEP agreed to absorb $40 million of customer education,
customer choice implementation, and transition plan filing costs.
10/00: Dayton Power and Light's (DP&L) transition plan to begin retail
competition for all customers by January 2001 was approved by the PUC. Under
the agreement, DP&L generation rates would be capped until the end of the
recovery period when transition costs were scheduled to be fully recovered,
December 31, 2003. Transmission and distribution rates would be capped through
the end of 2006. The plan included a 5 percent residential rate reduction to
the generation portion for customers who remain with DP&L, beginning January
1, 2001. Additionally, DP&L would pay up to $1 million for a voluntary
enrollment procedure if at least 20 percent of its customers had not chosen
another supplier by September 30, 2003.
09/00: The PUCO approved the Cincinnati Gas & Electric (CG&E) restructuring
plan. Retail electric choice was proposed to be offered beginning January 1,
2001. The price of electricity would be unbundled into its components (generation,
transmission, distribution), and a rate cap would be in effect for five years
for all residential customers. Additionally, residential customers who stay
with their current supplier would receive a 5 percent rate reduction in the
generation portion of their bill.
07/00: An agreement was reached on AEP's transition plan. Transition costs
recovery would be limited through 2007 for Ohio Power consumers and 2008 for
Southern Power consumers. Distribution rates would also be frozen for the recovery
period for residential consumers.
07/00: First Energy's (Ohio Edison, Toledo Edison, and The Illuminating Company)
restructuring plan was approved by the PUCO. The plan called for recovery of
transition costs through 2006 for Ohio Edison, mid-2007 for Toledo Edison,
and 2008 for Illuminating Company. Competition was scheduled to begin January
1, 2001, and residential consumers would receive a 5 percent rate reduction
on the generation portion. Distribution rates were scheduled to be frozen through
2007.
07/00: Allegheny Energy reached a settlement on its transition plan. The plan
called for recovery of up to $6.3 million in stranded costs, 5-percent rate
reductions for residential consumers, and a 3-year rate freeze for industrial
and commercial consumers.
07/00: Monongahela Power reached a settlement on its restructuring plan. The
plan would shorten the development period for competition for large customers
to end December 31, 2003, and for small customers, December 31, 2005. Residential
customers would also receive a 5-percent rate reduction, and rates would then
be frozen for the remainder of the development period.
01/00: AEP (Ohio Power and Columbus Southern Power) filed its transition plan
with the PUCO. The plan included a requested recovery of $974 million in regulatory
assets.
01/00: Monongahela Power filed its transition plan with the PUCO. Included
was a request for $13 million in stranded cost recovery.
01/00: Cincinnati Gas & Electric filed its transition plan with the PUCO.
The plan included: 5 percent residential rate reduction in the generation portion
of rates, effective January 2001; rate unbundling into the generation, transmission,
distribution, and transition costs components; recovery of $927 million in
transition and stranded costs; corporate separation of regulated and unregulated
functions; participation in the MidWest ISO; and a consumer education plan.
The PUCO was scheduled to rule on the plan before Oct. 31, 2000.
01/00: Dayton Power & Light filed its transition plan with the PUCO. The
plan included a 5 percent residential rate reduction for generation; a cap
on all prices through December 31, 2004; customer choice by January 1, 2001;
recovery of $441 million in transition costs; and a consumer education program.
The PUCO was scheduled to issue comments and recommendations related to the
plan within 90 days, and a final order within 275 days.
01/00: First Energy (Ohio Edison, The Illuminating Company, and Toledo Edison)
refiled a transition plan with the PUCO to conform to the new rules established
to comply with Ohio’s restructuring law. The plan included: requested
recovery of $7 billion for transition and stranded costs; operational and technical
support changes to allow for retail direct access by January 1, 2001; plans
to transfer control of transmission assets to the Alliance RTO; unbundled prices;
corporate separation of regulated and unregulated business; and an education
program for consumers.
10/99: The PUCO issued an initial set of rules for transition to a competitive
retail market. The draft rules included provisions for recovery of stranded
costs, corporate unbundling, consumer education, and employee protections.
10/99: FirstEnergy filed a restructuring plan with the PUCO. The plan included
passing $6.9 billion to customers over 8 years, but said bills would not increase
over the transition period. Three separate plans were filed for its subsidiary
utilities: Ohio Edison, Illuminating Co., and Toledo Edison.
07/99: The restructuring legislation, Senate Bill 3, was signed into law by
the governor on July 6, 1999. The legislation would allow retail customers
to choose their energy suppliers beginning January 1, 2001. The new law required
5 percent residential rate reductions and a rate freeze for 5 years, contains
consumer protections, environmental provisions, and labor protections, and
empowers the PUCO to determine the amount and recovery period for stranded
costs. Also, the property tax utilities paid in the past was replaced with
an excise tax on consumer bills. Utilities were required to spend $30 million
over the next six years on consumer education programs.
06/99: The restructuring legislation would allow retail customers to choose
their energy suppliers beginning January 1, 2001. It also would require a 5
percent residential rate reduction and a rate freeze for 5 years.
08/98: A lawsuit aimed at blocking conjunctive service regulations was thrown
out of court. Because of this, the PUCO would move ahead with plans for a conjunctive
billing service.
06/98: The PUCO approved Monongahela's tariff for conjunctive electric service,
the first tariff approved that would allow groups of consumers to aggregate
and negotiate the price for electricity.
12/97: Stranded costs were addressed in the report issued by the co-chairs
of the Legislative Joint Committee on Electric Deregulation. The plan allowed
for recovery of stranded costs using nonbypassable wires charges. Utilities
would be allowed during the 5-year transition period beginning January 2000
and ending December 2004 to receive “transition revenues” or stranded
costs under certain conditions, but would likely expect less than 100 percent
of recovery.
12/96: The PUCO adopted guidelines for Conjunctive Electric Services. The
2-year pilot program would allow ratepayers to band together for collective
billing under rates designed for the group. (The pilot was an experiment in
innovative pricing, and did not allow for retail wheeling.)