GDF SUEZ Energy Resources plans to venture into the Ohio retail electricity market by introducing more options for pricing, products, and services to customers in the Toledo Edison, Cleveland Electric Illuminating (CEI), Ohio Edison, and Dayton Power & Light territories.
The move is in line with FirstEnergy’s decision to transition grid control for its Ohio transmission utilities from the Midwest Independent Transmission System Operator (ISO) to the PJM Interconnection.
FirstEnergy’s move will lead to increase in costs of certain certain energy supply components for commercial, industrial, and institutional customers; and all the customers of Toledo Edison, CEI, and Ohio Edison – all of which are FirstEnergy utilities will experience the impact of the change from MISO to PJM.
GDF SUEZ Energy Resources President and CEO Robert Wilson said this transfer of grid control is going to bring about some potentially significant changes for anyone who is used to the pricing and processes of MISO.
"In entering the Ohio market, we want to provide customers with a broader range of service offerings designed to mitigate the impact of these changes, minimize risks, meet specific operational needs, and provide greater budget certainty during this transition," added Wilson.