Update: The Commission held an evidentiary hearing on TimkenSteel’s application for a unique arrangement. On the eve of the hearing, TimkenSteel and Staff filed a stipulation recommending approval of the application. The stipulation incorporates the terms from TimkenSteel’s application. TimkenSteel presented live testimony from its Manager of State Government Affairs. The Office of the Ohio Consumers’ Counsel (OCC) presented live testimony, opposing the stipulation unless the Commission agrees to limit repeat requests for unique arrangements and requires AEP to share the costs of the unique arrangement with its customers. If approved, the stipulation would authorize a unique arrangement from January 1, 2016 to May 31, 2021 wherein TimkenSteel would receive generation service from a CRES provider. TimkenSteel would receive a discount off of the charges applicable to AEP’s tariff for distribution service including nonbypassable riders. TimkenSteel would be subject to a fixed delta revenue cap of $27.5 million over the term of the arrangement and a separate fixed delta revenue cap over any 24-month period of $10 million, pay for AEP’s Basic Transmission Cost Rider (BTCR) based on its annual single EDU transmission coincident peak, and receive an interruptible service credit of $8.21/kW per month per unit of curtailable load. TimkenSteel’s payment of the BTCR is not subject to or included in the delta revenue calculation. Likewise, the interruptible service credit is not subject to or included in the delta revenue calculation. TimkenSteel has asked the Commission to approve the application by no later than December 18, 2015.