{"id":18494,"date":"2018-11-09T15:48:10","date_gmt":"2018-11-09T20:48:10","guid":{"rendered":"http:\/\/blogs.edf.org\/energyexchange\/?p=18494"},"modified":"2018-11-15T12:14:44","modified_gmt":"2018-11-15T17:14:44","slug":"ohio-continues-move-to-smarter-power-system-with-multimillion-dollar-clean-energy-agreement","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/energyexchange\/2018\/11\/09\/ohio-continues-move-to-smarter-power-system-with-multimillion-dollar-clean-energy-agreement\/","title":{"rendered":"Ohio continues move to smarter power system with multimillion-dollar clean-energy agreement"},"content":{"rendered":"

\"\"<\/a>Over the past few years, Environmental Defense Fund (EDF) has actively opposed<\/a> FirstEnergy in several cases where it sought bailouts for its uneconomic coal plants. We will continue to do so.<\/p>\n

But if the utility giant wants to build a cleaner, more modern grid, we are eager to work together. Case in point: We are pleased to report that we reached an agreement<\/a> on FirstEnergy\u2019s plan to spend $516 million on grid modernization, bringing about lower bills, greater customer choice and less pollution.<\/p>\n

Following AEP<\/a> and Dayton Power & Light\u2019s<\/a> related agreements \u2013 both approved earlier this year \u2013 and in the midst of the Public Utilities Commission of Ohio\u2019s (PUCO) innovative PowerForward initiative<\/a>, it\u2019s clear Ohio is on a path to a smarter, more sophisticated power system.<\/p>\n

Solving a dilemma<\/strong><\/p>\n

Ohio\u2019s electric utilities have been grappling with two complex issues in multiple cases pending before the PUCO:<\/p>\n

    \n
  1. How to credit back to customers the savings from the 2018 Tax Cut and Jobs Act; and<\/li>\n
  2. How to modernize their grid.<\/li>\n<\/ol>\n

    FirstEnergy and Commission Staff developed a plan to kill two birds with one stone, combining the cases to ensure credit for the tax cut savings goes back to customers in full and FirstEnergy moves forward with a grid modernization plan.<\/p>\n

    Grid mod plan<\/strong><\/p>\n

    FirstEnergy and Commission Staff, with input from EDF, designed a promising Phase 1 grid modernization plan that will deliver significant customer benefits, including:<\/p>\n

    \u2022 Data access:<\/strong> FirstEnergy will install 700,000 smart meters and evaluate tools for giving customers better access to their energy-use data, allowing customers more insight and opportunity to save on their energy bills;
    \n\u2022 Lower bills:<\/strong> Customers\u2019 rates will reflect the lower operational costs from installing smart meters;
    \n\u2022 Greater grid efficiency<\/strong>: FirstEnergy will install     voltage optimization<\/a> equipment with a goal of reducing the grid\u2019s energy usage by 4 percent;
    \n\u2022 Dynamic rates:<\/strong> FirstEnergy will establish     time-of-use rates<\/a> so customers can choose to use electricity during off-peak times when electricity is cheaper and cleaner;
    \n\u2022 Environmental metrics:<\/strong> FirstEnergy will measure the greenhouse gas emission reductions from these clean energy investments;<\/p>\n

    To ensure customers receive all available benefits, the PUCO Staff will do assessments, and FirstEnergy will provide detailed reporting and establish a collaborative working group \u2013 in which EDF will participate \u2013 to monitor the plan\u2019s implementation.<\/p>\n

    This settlement doesn\u2019t represent the end of the road. Ohio still needs to improve the process for providing customers with greater access to their energy-use data, as well as get utilities to follow grid-planning processes that optimize clean energy. We will continue to work with FirstEnergy and the Commission Staff on grid modernization through the PUCO\u2019s ground-breaking PowerForward initiative to achieve these results.<\/p>\n

    In the meantime, the PUCO should approve FirstEnergy\u2019s grid modernization plan, which will bring cleaner, more efficient power to Ohioans.<\/p>\n

    For more on how Ohio can attract innovation and investment through clean energy, please see the new\u00a0Powering Ohio report<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

    Over the past few years, Environmental Defense Fund (EDF) has actively opposed FirstEnergy in several cases where it sought bailouts for its uneconomic coal plants. We will continue to do so. But if the utility giant wants to build a cleaner, more modern grid, we are eager to work together. Case in point: We are …<\/p>\n","protected":false},"author":12461,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46898,84830,28800,68468],"tags":[],"coauthors":[],"class_list":["post-18494","post","type-post","status-publish","format-standard","hentry","category-firstenergy","category-grid-modernization","category-ohio","category-voltage-optimization"],"acf":[],"yoast_head":"\nOhio continues move to smarter power system with multimillion-dollar clean-energy agreement - Energy Exchange<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.edf.org\/energyexchange\/2018\/11\/09\/ohio-continues-move-to-smarter-power-system-with-multimillion-dollar-clean-energy-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ohio continues move to smarter power system with multimillion-dollar clean-energy agreement - Energy Exchange\" \/>\n<meta property=\"og:description\" content=\"Over the past few years, Environmental Defense Fund (EDF) has actively opposed FirstEnergy in several cases where it sought bailouts for its uneconomic coal plants. 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