Request for Proposal No. RA18-CA-4
A COMPLIANCE AUDIT OF THE DELIVERY CAPITAL RECOVERY RIDER OF OHIO EDISON COMPANY,
THE CLEVELAND ELECTRIC ILLUMINATING COMPANY, AND THE TOLEDO EDISON COMPANY
In accordance with the Commission’s Order in Case No. 14-1297-EL-SSO, the Commission is seeking proposals to audit and attest to the accuracy and reasonableness of FirstEnergy’s compliance with its Commission-approved Rider DCR with regard to the return earned on plant-in-service since the Companies’ last Rider DCR Compliance Audit. Capital additions recovered through Riders LEX, EDR, and AMI, or any other subsequent rider authorized by the Commission to recover delivery-related capital additions, will be identified and excluded from Rider DCR. The auditor’s review shall also include an identification, quantification, and explanation of any significant net plant increase within individual accounts. Also, the auditor shall assess the substantive implementation of the provisions contained within the Joint Stipulation and Recommendation filed in Case No. 14-1929-EL-RDR.
The auditor shall be familiar with and comply with all:
- Generally accepted accounting principles (GAAP).
- Federal Energy Regulatory Commission (FERC) Uniform System of Accounts.
- Various accounting and tax changes or decisions issued during calendar year 2018, including changes due to the TCJA of 2017.
October 31, 2018
November 21, 2018