COLUMBUS — "NOPEC must defend its right to be an electric energy aggregator in Ohio after announcing plans to lower electric bills for 550,000 customers by purging them from its rate plans, state regulators ruled Wednesday.
The Public Utilities Commission of Ohio directed NOPEC to show cause and explain why its certificate to do business should not be revoked by Sept. 28. The commission also waived rules so NOPEC could transition customers to other providers without a 90-day notice.
PUCO Chair Jenifer French said the PUCO wants NOPEC customers to benefit from lower electricity prices, which is why it ruled in favor of NOPEC in granting the waiver on Wednesday. But the commission is still concerned about NOPEC’s plan to move so many customers at once."
-- Seam McDonnell, cleveland.com
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