The current FirstEnergy rates in Ohio expire on May 31, 2011. FirstEnergy has filed a proposed rate plan that would begin on June 1, 2011, with the Public Utilities Commission of Ohio (PUCO). The proposal includes the right to quarterly increases to pay for the cost of equipment upgrades. As electric costs increase, it will become more critical for companies to understand the rates and what they can do to control costs. For more information, see John Funk’s March 24th article from the Plain Dealer: FirstEnergy crafts rate plan allowing quarterly increases
