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PUCO Approves AEP Ohio’s Request To Transfer OVEC Assets To Affiliate
The Public Utilities Commission of Ohio (PUCO) issued approving AEP’s petition to transfer the OVEC assets to a non-utility affiliate.
Note, however, that the Commission in its Finding & Order declined to address whether recent HB 15 requires utilities to divest any generation or generation interests.
This matter stems from HB 15 that among other things changed the definition of electric distribution utility to mean, “an electric utility that supplies at least retail electric distribution service and does not own or operate an electric generating facility.”
In its order, the Commission also declined to address whether HB 15, supersedes existing Ohio Adm.Code 4901:1-37-09 rule dealing with utility generation divestiture applications.
Finding & Order (12/17/2025)
25-1039-EL-ATR
See also: 12-1126-EL-UNC
