FERC Intercedes in Proposed Bailout of Ohio Utilities

first_imgFERC Intercedes in Proposed Bailout of Ohio Utilities FacebookTwitterLinkedInEmailPrint分享Dan Gearino for the Columbus Dispatch:Federal regulators dealt a blow to Ohio utility profit guarantees on Wednesday, saying the plans cannot go into effect until after a review of whether federal rules are being violated. The Federal Energy Regulatory Commission asserted its authority in a pair of orders, finding that the plans are not valid unless American Electric Power and FirstEnergy apply for, and receive, approval from the agency.The Public Utilities Commission of Ohio approved the eight-year profit guarantees late last month, allowing Columbus-based AEP and Akron-based FirstEnergy to receive benefits for selected power plants that might otherwise close.Until Wednesday, it was not known whether the federal commission would intercede.A key issue in the federal complaint is whether AEP and FirstEnergy customers are “captive,” in that they have no choice but to cover costs related to the plans. The PUCO and the Ohio companies said customers are not captive because they continue be able to choose an alternative provider in the state’s open market.The federal commission disagreed, stating that “AEP Ohio retail ratepayers are nonetheless captive in that they have no choice as to payment of the non-bypassable generation-related charges” embedded in the profit guarantees. Opponents of the plans say that wording shows that the Ohio companies are facing a highly skeptical audience in the federal commission, as opposed to the more friendly panel in Ohio.Full article: Federal agency says it must OK profit guarantees for AEP, FirstEnergylast_img read more

Take a look! Union Endicott elementary school prepares for upcoming school year

first_img“Signs on the wall,” Kipp said. “Anything you could think of possibly to give as many cues for our kids to stay safe.” Visitors will have to answer ‘no’ to all the questions on the COVID-19 questionnaire at the entrance before entering the building. Elaine Taylor, AGM Elementary principal, says the district has been working hard to make sure each building is ready for the first day of school. ENDICOTT (WBNG) — Union-Endicott Central School District has been making changes to keep children safe. Kipp and his staff will put in about 80-100 hours of work placing tape in the hallways to show students with directions they should be walking, setting up classrooms to accommodate ten to eleven students, and sanitation areas throughout the school. Following New York State’s guidelines given to the school district, U-E had over 50 Zoom conference calls on what changes each district building should make. “So actually being apart of the decision making and part of the team setting this up,” Kipp said. “It gives me more comfort of mind knowing that the building is set up as safely as possible.” Jeremi Kipp, Ann G. McGuinness head custodian, says this is a big deal because he has three kids that attend AGM. “We were working hard this summer but our most concern to make sure all students, faculty, and staff are safe,” Taylor said. “And then why we’re all here is for the learning of students.”last_img read more