Market Alerts
OH – PUCO approves electricity economic development plan for Mid-West Forge
Ohio Public Utility Commission
| PUCO approves electricity economic development plan for Mid-West Forge
COLUMBUS, OHIO (May 27, 2026) – The Public Utilities Commission of Ohio (PUCO) today approved an arrangement between Mid-West Forge Corporation and Cleveland Electric Illuminating Company (CEI), allowing Mid-West Forge to take electric transmission service from a competitive electric supplier. Mid-West Forge commits to making $10 million in capital expenditures over the next three years. Mid-West Forge will participate in CEI’s transmission pricing program, known as the non-market-based pilot program, allowing it to better manage its consumption during times of peak demand on the electric grid. “When large manufacturing operations are able to reduce their demand during peak times, everyone benefits,” stated PUCO Chair Jenifer French. “Mid-West Forge will continue to invest not only in its Ohio facilities but also in its employees through apprenticeship vocational training commitments.” Mid-West Forge, a family-owned manufacturing company headquartered in Cleveland, is a specialized supplier of forged axle shafts used primarily in heavy-duty vehicles and full-sized pickup trucks. In addition to the capital expenditures, the company intends to reinvest utility bill savings in apprenticeship vocational training opportunities for its employees. A copy of today’s opinion and order is available on the PUCO website at PUCO.ohio.gov by clicking on the link to “Docketing Information System” and searching for case 26-522-EL-AEC. The Public Utilities Commission of Ohio (PUCO) is the sole agency charged with regulating public utility service. The role of the PUCO is to assure all residential, business and industrial consumers have access to adequate, safe and reliable utility services at fair prices while facilitating an environment that provides competitive choices. Consumers with utility-related questions or concerns can call the PUCO Call Center at (800) 686-PUCO (7826) and speak with a representative. For additional information, contact: Matt Schilling | (614) 466-7750 Source: |
