May PUCO Adjust Carrying Charges Approved with Deferred Fuel Costs?

In the Matter of the Application of Ohio Power Company for Approval of a Mechanism to Recover Deferred Fuel Costs Ordered Under R.C. 4928.144, Case no. 2012-2008

Public Utilities Commission of Ohio

ISSUES:

Is a Public Utilities Commission of Ohio (PUCO) order modifying carrying costs authorized as part of an electric company's deferred phase in of fuel costs?

Did the PUCO's order retroactively modify the terms of an expired electric security plan and unreasonably and unlawfully prevent the company from its statutory right to withdraw from the plan?