On Wednesday, the Public Utilities Commission of Ohio (PUCO) approved a FirstEnergy Ohio settlement providing compensation for utility customers affected by FirstEnergy’s violation of Ohio law.
As part of the order, the Cleveland Electric Illuminating Company, the Ohio Edison Company and the Toledo Edison Company will provide $249 million in restitution to customers over three billing periods and an additional $20 million to fund low-income programs.
According to a news release, the companies will also refund $6.6 million and roughly $6.2 million in interest for improper charges. The agreement also includes $5 million in restitution to the Retail Energy Supply Association for violations of corporate separation regulations…