FirstEnergy spokeswoman Jennifer More youthful declined to help you remark Tuesday into the OCC’s objections
The fresh new audit better if this new PUCO, in the future, “buy clear investigation tracking and you will storage requirements” whenever giving power costs that would be subject to future audits. In addition it best if new “currency pond” particularly charges are repaid into is always to proceed through an audit at least most of the 5 years by the each other an interior and exterior auditor.
But in statements registered with the PUCO to the elizabeth date as the the latest OCC submitted their statements, FirstEnergy said “there clearly was more sufficient help to close out that the People complied on Commission’s directive . to utilize Driver DMR fund, really otherwise indirectly, in support of grid adaptation.”
FirstEnergy said it’s trying to pertain Daymark audit’s one or two suggestions — auditing this new “currency pool” at the least all the 5 years and you may creating a reported separated rules — contacting him or her “constructive advice.”
not, FirstEnergy commented that grid-adaptation payment “is never ever meant to promote dollars for the Businesses to make use of privately to have certain systems.” Alternatively, FirstEnergy continued, the purpose of the fee “would be to provide enhanced usage of the capital locations” so that the businesses tools you are going to fund the grid modernization initiative. (more…)
