Blocked on Its Ohio Bailout, FirstEnergy Tries a Regulatory End Run

first_img FacebookTwitterLinkedInEmailPrint分享John Funk for the Cleveland Plain Dealer:FirstEnergy now wants Ohio regulators to forget about the “power purchase agreements” they approved to save the company’s old power plants — but at the same time allow the company to keep the monthly customer surcharges that the PPAs were designed to produce.In a move that appears to be a strategy to avoid federal review of the PPAs that U.S. regulators demanded last week, FirstEnergy filed a modified version of its rate plan late Monday with the Public Utilities Commission of Ohio.As now proposed, FirstEnergy’s plan would eliminate the power purchase agreements between FirstEnergy’s regulated local power delivery companies — Ohio Edison, the Illuminating Co. and Toledo Edison —  and its unregulated FirstEnergy Solutions, which owns the power plants.Yet the plan would keep the new charges the purchase agreements would have forced customers to pay. In other words, customers still would see their monthly bills increase under this revised plan.In short, there would be nothing for the Federal Energy Regulatory Commission to review in this modified plan. And therefore there would be nothing to impede the PUCO from quickly approving the modified plan.Full article: FirstEnergy abandons its ‘power purchase agreements,’ but not its plan for customers to pay more Blocked on Its Ohio Bailout, FirstEnergy Tries a Regulatory End Runlast_img read more

Golden State Warriors will be a tough out in NBA playoffs

first_img“He’s really fun to coach,” Kerr said. “He’s a brilliant defender, but to have the ability to run so much of our offense through him is something I enjoy. It’s the type of basketball I like. Obviously a lot of the offense comes from our backcourt and its shooting range, so we use Andrew to free up the guards. When he rolls to the basket, he can take the weakside defense with him and give us more space. Or he can roll there and get a dunk.”Not everyone remembers, but Bogut was the first overall pick in the 2005 draft, four selections ahead of Chris Paul. He was the National Player of the Year at Utah.The Bucks drafted him, and he was gaining league-wide respect when he sailed in for a dunk against Phoenix, got jostled lightly by Amar’e Stoudemire, and fell to the floor like a meteor. One arm was pinned behind his back. He broke that elbow and that hand, and sprained that wrist. It was April 3, 2010, a split-second that cost Bogut untold millions and yet somehow pointed him toward this Golden season.“A one-in-a-million play,” said Bogut, who said he has watched the video many times, even though one viewing is enough for most people.“It was very unfortunate, with the elbow, because it affected my touch. My jump shot went. Other aspects of my game have been lost as well. But that’s the way the game is. I’m in a great situation right now, healthy, winning games.”After Milwaukee traded him to the Warriors, essentially for Monta Ellis, he had microfracture surgery on an ankle and missed almost a calendar year.“I haven’t had minor injuries,” he said, deadpan. “When I get hurt, I do it properly.”The Warriors’ defensive foundation was poured by Mark Jackson, the coach before Kerr. Bogut and Draymond Green push the big men out, and the 6-foot-7 Thompson guards the best perimeter player. Andre Igoudala, an ex-Olympian who has shelved much of his game for the greater good, makes the Warriors even longer when he leaves the bench.“The games probably will get to be more of a grind,” Bogut said. “There won’t be many easy baskets, particularly in the fourth quarter of a Game 5, for example. We’re getting ready for that already, making some adjustments, putting some things into practice.”Winning is the best practice. “The way we get the game faster is with our defense,” Kerr said at Golden State’s morning shootaround. “As long as we’re defending, we can run. But the game has changed. That theory was probably true 10, 15 years ago. When you look at San Antonio, Miami, Phoenix, those teams still ran and shot 3s in the playoffs. It’s not as true as it used to be.”He is right. Last year’s Spurs averaged 105.4 points in the regular season, 105.7 points in the Finals against Miami. The Warriors actually scored 2.1 more points a game in their first-round loss to the Clippers than they did in the 82-game forced march.When the playoffs come, the Warriors will not have to learn defense. They’re No. 1 in the NBA in defensive field goal percentage (42.4), fifth in 3-point defensive FG percentage, and they will be the first team since Doc Rivers’ 2008 Boston Celtics with a point differential of over 10 per game.If you think it’s just Stephen Curry and Klay Thompson, then you can’t see the forest for the threes. Andrew Bogut, the 7-foot Australian, might not be the soloist, but he’s instrumental.Bogut is Kerr’s “middle linebacker” in the lane. He’s an outlet passer and, when he gets to the top of the key, a smooth ball-mover. He also shoots 55.6 percent and gets 6.1 rebounds a game. The rest of the NBA is waiting for Golden State’s turbo-charged Batmobile to get stuck in about two feet of post-season muck.You hear it every spring. The games will slow down. The scouting will intensify. The tendencies will show through. Someone will emerge, hair askew and glasses fogged from two days in a dungeon equipped with analytics, video and Cheez-Its, and come up with a net to ensnare the Warriors, the league’s best team all season. Now, if he can only get those pesky players and coaches to follow it …Warriors coach Steve Kerr advises not to go to Vegas with that hypothesis. The Warriors did not come into Staples Center on Tuesday with a nine-game winning streak and a 60-13 record because they play just one note.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more