Ohio corruption scandal looms over FirstEnergy rate case

The Ohio Statehouse in downtown Columbus. (Photo by David DeWitt, Ohio Capital Journal.)

This story was originally published by Canary Media.

Here are some developments from the last few weeks:

  • The state’s consumer advocate wants regulators to reduce FirstEnergy’s rate of return to reflect poor management practices that enabled bribes and corruption.

  • Environmental advocates say FirstEnergy’s ratemaking case should consider grid disparities in disadvantaged communities.

  • Legislation that would remove HB 6 ’s coal plant subsidies is moving full-speed ahead, along with incentives for more in-state power plants.

  • At a March 13 hearing, former FirstEnergy executives again declined to answer questions, citing their Fifth Amendment rights.

Should ​‘abysmal’ management mean less profit from ratepayers?

Ohio’s state consumer advocate and others say FirstEnergy should be penalized with a lower rate of return in its rate case due to the company’s ​ “ egregious violation of laws and norms ” in connection with the HB 6 scandal…

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