Request for Proposal No. RA18-PPA-1
AN INDEPENDENT AUDIT OF THE POWER PURCHASE AGREEMENT RIDER
OF OHIO POWER COMPANY
In its Second Entry on Rehearing in Case No. 14-1693-EL-RDR, et al., the Commission directed AEP Ohio to defer, without carrying charges, any OVEC costs incurred for the period of June 2016 through December 2016, with recovery of such costs to occur beginning with the first billing cycle of January 2017 and continue over the 12 months of calendar year 2017. Accordingly, AEP Ohio filed its 1st Quarter 2018 PPA Rider Update on December 1, 2017, as well as its 2nd Quarter 2018 PPA Rider Update on February 28, 2018. In the PPA rider case, the Commission provided for an annual prudency audit to establish the prudency of all costs and sales flowing through the PPA rider and to demonstrate that the Company’s actions were in the best interest of retail ratepayers. This request for proposal (RFP) encompasses an independent audit of the PPA rider for the period spanning June 1, 2016, through December 31, 2017, as contemplated by, and in compliance with, the Commission’s orders.
June 13, 2018
June 29, 2018
For further information, please see the Entry in Case No. 18-1003-EL-RDR signed on Wednesday, June 13, 2018.