Duke Energy Ohio receives approval for new Electric Security Plan

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Go back to Duke Energy Ohio receives approval for new Electric Security Plan

Duke Energy (DUK) Announces Approval for New Electric Security Plan in Ohio

April 6, 2015 4:27 PM EDT

Families, businesses and communities served by Duke Energy (NYSE: DUK) Ohio will continue to benefit from affordable and reliable electric service. This is a result of the company's new Electric Security Plan (ESP), which was recently modified and approved by the Public Utilities Commission of Ohio (PUCO).

In Ohio, an ESP is an electric utility's plan for the supply and pricing of electric generation service for customers who do not choose a competitive retail electric service (CRES) provider. The PUCO's ruling, which was issued on April 2, 2015, directs Duke Energy Ohio to move... More