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In the United States, a public utilities commission (PUC), which may also be named a public service commission (PSC), corporation commission, or similar, is a governing body that regulates the rates and services of a public utility, such as an electric utility.
If PUCO approves the utility's filing, the return to ESP4 "is estimated to result in a bill reduction of about $2.00 for a typical FirstEnergy Ohio non-shopping residential customer using about ...
Public Utilities Commission of Ohio (PUCO) Commissioner biographies; Apples to Apples Natural Gas and Electric Rate Comparison Charts Archived March 10, 2007, at the Wayback Machine; File an informal complaint with the PUCO Archived February 5, 2012, at the Wayback Machine; File a formal complaint with the PUCO Archived March 10, 2007, at the ...
The simple rate charges a specific dollar per kilowatt hour ($/kWh) consumed. The tiered rate is one of the more common residential rate programs. The tiered rate charges a higher rate as customer usage increases. TOU and demand rates are structured to help maintain and control a utility's peak demand. [6]
Sep. 27—An operating plan filed by electric utility AES Ohio Monday would, if approved, impose new costs on a residential customer using 750 kilowatt hours (kWh) a month of less than $1, as an ...
Ohio consumers were ordered to pay subsidies to shore up the state's two nuclear power plants along with two aging coal-fired plants, one of which is Indiana. It also gutted the state's energy ...
The above-described formula may be used to calculate a firm's allowed revenues (cost-of-service regulation). However, if the rates are set on the basis of a company's own costs, there is no incentive to reduce these costs. Furthermore, regulated utilities may have the incentive to overinvest. [13]
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