COLUMBUS, OH (March 9, 2022) – Today the Public Utilities Commission of Ohio initiated an audit of Cleveland Electric Illuminating Company, Ohio Edison and Toledo Edison’s utility rates.
In today’s entry, the Commission issued a request for proposal for audit services to assist the Commission in reviewing the utilities to ensure no political or charitable expenses, directly or indirectly, were included in rates charged to customers. Such expenses are generally not permitted to be included in rates charged to customers.
Upon selection of an auditor, an audit report will be due by Dec. 16, 2022.
RELATED AND ONGOING CASES
The PUCO has four separate pending investigations related to FirstEnergy’s Ohio utilities and the passage of Amended Substitute House Bill 6 (133 G.A.).
On Dec. 30, 2020, the Commission renewed a requirement for the FirstEnergy Ohio utilities to file an application for a distribution rate case by May 2024.
On July 7, 2021, the Commission ordered the FirstEnergy utilities to refund $27.5 million it collected in “decoupling” funds.
On Nov. 1, 2021, the Commission ordered the FirstEnergy utilities to refund $306 million as a result of a settlement resolving over 10 regulatory proceedings related to its annual earnings reviews, energy efficiency rider audits, and continuing its electric security plan through May 2024.