Utility Nepotism: FirstEnergy Shops For Rates From Sister Company, Leaves Customers With The Bill

Utility Nepotism: FirstEnergy Shops For Rates From Sister Company, Leaves Customers With The Bill

By Environmental Defense Fund Energy Exchange Blog, Friday, September 11, 2015 10:00 AM

In a long-awaited hearing which began last week, Ohio’s largest utility is seeking approval for a rate hike of $3 billion. FirstEnegy is asking the Public Utilities Commission (PUCO) to force customers to pay for its old, dirty, uneconomic coal plants and a nearly-expired nuclear plant. Although there are many reasons to oppose the bailout… Keep reading →http://breakingenergy.com/2015/09/11/utility-nepotism-firstenergy-shops-for-rates-from-sister-company-leaves-customers-with-the-bill/?utm_campaign=Breaking+Energy+Daily+Digest&utm_source=hs_email&utm_medium=email&utm_content=21985979&_hsenc=p2ANqtz--p07xrEnemWpjVBKjeyr_47oM0vZ0rria2SQ61dSTqVUGyzsxO3tpWF4xidFy7sa5AolIUfxLKu0x7URnE0poJQO-PBw&_hsmi=21985979