FirstEnergy Corp.'s Ohio utilities filed an application with the Public Utilities Commission of Ohio to essentially extend their current Electric Security Plan for two more years.
If approved by the PUCO, the extension would allow the FirstEnergy Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to establish electricity prices for their customers through May 31, 2016.
The current ESP, which ends May 31, 2014, has resulted in price certainty as well as more than $10 million in annual economic development funding and low-income assistance to FirstEnergy's utility customers and communities in Ohio.
