If you’re an Ohio electricity customer, brace yourself. FirstEnergy is back at the table asking for more of your money — and if history is any guide, it’s going to get it.
The latest demand? A $180 annual increase, phased in over three years, to fund $481 million worth of tree trimming, storm preparation, and equipment replacements. That’s on top of a rate increase the company received just six months ago.
But given the utility’s sordid history, Today in Ohio podcast hosts asked why anyone should believe the utilities claims on needing the money. They also asked what happened to all the money the utility has already received for such basic maintenance…