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Ohio Electric Utility Institute

P.O. Box 164203

Columbus, Ohio 43216-4203

Phone: (614) 221-3422



OEUI PROFILE


The Ohio Electric Utility Institute (OEUI) is a non-profit state trade association representing investor-owned electric companies in Ohio.

The member companies include:

Together, the four companies provide electricity to more than over 4.8 million Ohio customers.  The companies employ over 19,000 people.  They financially support over 16,000 retirees.  More than 95,000 Ohioans own stock in these companies.  The companies operate 218 plants and facilities in Ohio.  The companies pay over $1 billion in state and local taxes each year.  

Founded on January 12, 1951, OEUI's current Mission Statement reads:

"The Ohio Electric Utility Institute is an association of investor-owned utilities that assists its member companies in providing value to customers, employees and investors by:

-Identifying and promoting common positions on issues impacting the industry.
-Sharing information among its members.
-Educating internal and external audiences concerning issues affecting the industry."

OEUI sponsors educational activities and produces publications about the companies and industry issues. 

OEUI was named by  the Public Utilities Commission of Ohio as the contract administrator for the Ohio Electric Choice consumer education campaign in 2000-2005.  OEUI was a partner with the PUCO and the Ohio Consumers' Counsel in helping  to develop the campaign to educate Ohioans about electric restructuring.

Economic Impact of

Ohio’s Investor-Owned Electric Utilities

 

(Year Ending 2006 Data)  

 

 

AEP

Duke

DP&L

FirstEnergy

Total 

  Ohio Customers

1,500,000

682,853

514,509

2,118,000

4,815,362

  Ohio Employees

7,041

3,340

1,452

7,978

19,811

  Ohio Plants &  

  Facilities

80

33

23

82

218

  Ohio Shareholders (1)

30,000

13,781

10,159

41,369

95,309

  Ohio Retirees

3,632

1,495

1,741

9,889

16,757

  Ohio Revenues

$4.532 billion

$3.454 billion

(2005)

$1.393 billion

$4.699 billion

$14.078 billion

  Ohio Taxes Paid (2)

$286 million

(2005)

$213 million

$104.8 million

$455.3 million

$1.059 billion

 

KEY: 

AEP=American Electric Power (Columbus Southern Power, Ohio Power)

Duke= Duke Energy (formerly Cincinnati Gas & Electric Company)

DP&L=Dayton Power and Light Company

FE=FirstEnergy Corp. (The Illuminating Company, Ohio Edison Company, Toledo Edison Company)

(1) These figures do not include the hundreds of thousands of Ohioans who own utility stock through brokers, pension funds, 401(k) programs, mutual funds and life insurance policies.

(2) Includes personal property taxes, gross receipts taxes, sales taxes, real property taxes and highway use taxes.

 

 

 

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