FirstEnergy shopping early Black Friday deal at the PUCO, you’ll pay more
Coal / Energy / FirstEnergy / Uncategorized

FirstEnergy shopping early Black Friday deal at the PUCO, you’ll pay more

COLUMBUS — “FirstEnergy has been doing some serious early Black Friday shopping, squeezing a deal out of state regulators to have customers pay hundreds of millions of dollars extra over the next eight years to subsidize two of its Ohio power plants that cannot compete with natural gas-fired plants. Company […]

Thank you to our members
AEP / Energy / FirstEnergy / Freeze on Clean Energy / Ohio Citizen Action

Thank you to our members

We at Ohio Citizen Action have a lot to be thankful for.  Since January, we’ve talked to 71,863 people on their doorsteps about our clean energy campaign. Here’s what we’ve accomplished together: The Public Utilities Commission of Ohio denied two out of four proposals for a consumer bailout of old, […]

AEP and FirstEnergy say the guarantees are needed to maintain a reliable power grid.
AEP / Coal / FirstEnergy

Deal in works on profit guarantees for Ohio plants of AEP, FirstEnergy?

COLUMBUS — “Here is where the cases stand: Trial-like hearings have concluded for the AEP and FirstEnergy proposals, following weeks of testimony from several dozen parties. The next step is for participants to file briefs, followed by response briefs. After that, the PUCO will review the evidence and rule, which […]

Ohio power companies, consumers spar over who pays for spare electricity
AEP / Coal / FirstEnergy

Ohio power companies, consumers spar over who pays for spare electricity

AEP, FirstEnergy proposals for users to bail out unprofitable plants spark criticism NEW YORK, NY — “The power companies argue they need to keep the surplus production capacity to make sure there is enough electricity when consumption spikes—such as during heat waves and blasts of Arctic cold. But consumer advocates, […]

GateHouse Ohio Media graphic / Bob Kast
AEP / Energy / FirstEnergy

SPECIAL REPORT: Is electric deregulation working for you?

Fifteen years after Ohio deregulated the electrical utility industry, the benefits are hard to find CANTON — “Consumer advocates are worried that AEP and FirstEnergy want to return to the days of guaranteed profits without having to face tough scrutiny of their spending. Both companies have proposed buying electricity from […]

Dynegy Inc. CEO Bob Flexon
AEP / Coal / FirstEnergy

Dynegy: We’ll sue to stop AEP and FirstEnergy power purchase deals

COLUMBUS — “Dynegy Inc. would sue to stop power purchase agreements for Ohio electric utilities if state regulators approve the controversial proposals. …“It’s so ridiculous it’s even made it this far,” Dynegy CEO Bob Flexon told me. “It’s absurd that two investment-grade companies are running with their hands sticking out […]

The Davis-Besse nuclear plant on Lake Erie east of Toledo.
Coal / Energy / FirstEnergy

Ohio regulators still at odds with utility over ‘bailout’ case

COLUMBUS — “An Ohio utility and state regulators are still at odds, sources say, over a controversial rate case critics have labeled a “bailout” for a utility trying to guarantee sales for several nuclear and coal plants. Although FirstEnergy is in active discussions with Ohio regulators about its case, sources […]

FirstEnergy headquarters in Akron.
Coal / Energy / FirstEnergy

FirstEnergy eyes settlement in Ohio power purchase agreement case

COLUMBUS —   “CEO Chuck Jones told analysts he expects state regulators to make a final decision by the first quarter of 2016. Negotiations are top of mind for the company – Chief Legal Officer Leila Vespoli typically is on FirstEnergy’s calls but is in Columbus now meeting with Public Utilities […]

created by Seth Feaster for IEEFA
AEP / Coal / Energy / FirstEnergy

In Ohio, AEP and FirstEnergy adopt an audacious strategy that could cost ratepayers dearly

A model first established in West Virginia is being pushed now in the Buckeye State CLEVELAND — “We’ve posted a research note today that explains how reregulation schemes in Ohio by FirstEnergy and AEP bear a striking resemblance to one approved in West Virginia that resulted in a recent push […]

Data courtesy The National Institute on Money in State Politics -
AEP / Coal / Duke Energy / Energy / FirstEnergy / Freeze on Clean Energy

Ohio politicians on “Energy Mandates Study Committee” took $830,000 from dirty energy companies

COLUMBUS — “A wolf pack of in-state utilities and out-of-state petrochemical billionaires has attacked Ohio’s clean energy law, threatening to kill clean jobs and wreak further damage on the environment. This attack is led by Ohio state Senator Bill Seitz (R), who five years earlier voted for the law, but […]