Intervention sought in SOBE rate increase
The Office of the Ohio Consumers’ Counsel filed a motion to intervene on behalf of SOBE Thermal Energy Systems LLC’s residential customers in downtown Youngstown in front of the Public Utilities Commission of Ohio, which granted the troubled utility company a huge rate increase. With SOBE’s financial situation in dire straits and potentially facing insolvency, the PUCO voted June 24 for an emergency rate increase with most of its customers paying 93%, effective June 30, and an additional 162% increase for most from November to April. SOBE provides steam heat to 23 buildings, ...