OH · electric · 24-0468-EL-AIR
Closed case·Complete·Authorized
The case produced sharply different outcomes by service territory and a net consolidated reduction rather than the requested increase.
FirstEnergy's three Ohio utilities requested a combined $190.3 million annual distribution revenue increase. After rehearing, the PUCO directed aggregate annual revenue reductions of about $5.3 million, effective March 1, 2026.
Mar 1, 2026
Not scheduled
Case stage
complete
Filed
May 31, 2024
Testimony
Not recorded
Hearings
Not recorded
Briefing
Not recorded
Decision
Nov 19, 2025
Rates effective
Mar 1, 2026
State rules
This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.
Full base-rate review
Every three years beginning by year-end 2029
Effective Aug 14, 2025
Each electric distribution utility must file a distribution rate case by December 31, 2029 and at least every three years thereafter.
Rate period: A utility may use a conventional 12-month test period or propose three consecutive 12-month forecasted rate years with annual true-ups.
Governing rule ↗Between full reviews
Transmission Cost Recovery Rider
Annual update
The TCRR passes approved transmission-related charges through a reconcilable rider. Utilities file annual updates under the PUCO's rider rules.
Governing source ↗Electric Security Plan riders
Plan- and rider-specific
An approved electric security plan can include infrastructure, modernization, and other riders with their own update and review schedules rather than waiting for the next distribution base-rate case.
Governing source ↗Commission decision
Utility request and Commission-authorized outcome.
| Metric | Utility request | Authorized outcome | Like-for-like difference |
|---|---|---|---|
| Annual revenue increase | $190.3M Annual utility request | −$5.3M Prior authorized observation · Feb 18, 2026 | +$195.6M |
| Rate base | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Return on equity | Not specified Total company rate-case request or Commission-authorized outcome · Nov 19, 2025 | Not specified Total company rate-case request or Commission-authorized outcome · Nov 19, 2025 | — |
| Common equity ratio | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Residential bill impact | Not available Not captured in current case sources | Not available Authorized value not captured | — |
Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.
Common equity ratio
authorized · PUCO-authorized hypothetical Ohio Companies distribution capital structure. · Nov 19, 2025
51.2%
Rate base
disclosed actual · Ohio Edison distribution rate base at year-end 2025. · Dec 31, 2025
$2,000M
Return on equity
authorized · PUCO-authorized Ohio Companies distribution ROE. · Nov 19, 2025
9.63%
4 events · 3 documents · 1 citation
Material filings, hearings, orders, and effective dates.
May 31, 2024
Distribution rate application filed
official commission · completed
Nov 19, 2025
Opinion and order issued
official commission · completed
Feb 18, 2026
Second entry on rehearing issued
official commission · completed
Mar 1, 2026
Revised distribution rates effective
official commission · completed
Docket and evidence documents linked to this proceeding.
PUCO second entry on rehearing summary
evidence · primary · Feb 18, 2026
OCC FirstEnergy depreciation and deferral review scope
evidence · primary · —
OCC FirstEnergy cost-allocation and rate-design review scope
evidence · primary · —
Field-level excerpts and review metadata supporting material facts.
PUCO second entry on rehearing summary
commission order · Feb 18, 2026
Stage-preserving economics and party positions as published in the canonical record.
| Metric | Stage | Party | Period | Value | Evidence |
|---|---|---|---|---|---|
| Annual revenue change | authorized | party-commission | — | −$5.3M | |
| Annual revenue change | utility request | party-utility | — | $190.3M | |
| Return on equity | authorized | party-commission | — | Not specified | |
| Return on equity | utility request | party-utility | — | Not specified |