Archive for April 26th, 2017

Perry Nuclear Power Station as seen from Headlands State Park, Mentor, Ohio (Credit: Wainstead/Public Domain)
FirstEnergy / Nuclear Energy

FirstEnergy CEO says bill is no bailout

COLUMBUS — “FirstEnergy’s president on Tuesday urged lawmakers to require consumers to pay more to keep the lights on at its two struggling nuclear power plants, or permanently risk losing a reliable and valuable source of electricity. Chuck Jones dismissed suggestions that House Bill 178 and its companion Senate Bill […]

Critics of AEP plan to raise billing fee see harm to low-income customers
AEP / Fixed Rate Hikes

Critics of AEP plan to raise billing fee see harm to low-income customers

COLUMBUS — “American Electric Power wants to raise its billing fee by $10 per month, a proposal that critics say would hit low-income consumers hardest and would discourage clean-energy technologies. The opponents had the floor to themselves Tuesday at a public hearing before the Public Utilities Commission of Ohio. All […]

FirstEnergy's request that its customers should pay a little extra every month to keep the Davis-Besse nuclear reactor operating has put the company in the middle of a regulatory battle both in Ohio and before the Federal Energy Regulatory Commission. Now financial analysts are concerned about the outcome.
Energy / FirstEnergy

FirstEnergy nuke subsidy testimony begins, $300 million a year at stake

CLEVELAND — “FirstEnergy’s latest effort to funnel more money from its customers to its struggling power plants got under way late Tuesday with a plea to lawmakers from the company’s top executive. ‘Ohio cannot afford to continue heading down a path that could lead to less fuel-diverse and fewer homegrown […]