Update: OMAEG filed objections to the Staff Report. Although the report recommended an overall revenue decrease for Duke, OMAEG argued that Staff did not go far enough. OMAEG objected to the following Staff recommendations: an excessive rate of return, continuation and extension of the Distribution Capital Investment Rider, continuation and extension of the Distribution Decoupling Rider, and creation of a Regulatory Mandates Rider. If the PUCO corrects these errors, OMAEG members could benefit from a larger revenue decrease than the one proposed in the Staff Report. OMAEG’s complete objections can be found here.
October 27, 2017, Volume 6, Issue 106
10/27/2017