FirstEnergy

Dick Munson is Environmental Defense Fund's Director, Midwest Clean Energy.
Coal / Energy / FirstEnergy

Ohio regulators attempt to keep FirstEnergy afloat with new subsidy proposal

COLUMBUS —My head feels whipsawed by the wildly changing proposals to bail out FirstEnergy’s uneconomic and dirty power plants. The latest development in this ongoing saga occurred June 29, when the Public Utility Commission of Ohio (PUCO) staff recommended a new subsidy solution for the utility behemoth: $131 million per […]

FirstEnergy’s Davis Besse Power Plant Source: Wikimedia
Coal / Energy / FirstEnergy

PUCO staff recommends $131M annual rider for FirstEnergy

Needed to maintain investment-grade credit rating, staff says; Critics object COLUMBUS — “The Public Utilities Commission of Ohio staff has proposed a new rider for FirstEnergy that would allow the recovery of $131 million annually from ratepayers for three to five years in order to maintain the company’s investment-grade credit […]

Use PicMyEnergy Mix to show the energy sources YOU prefer
AEP / Coal / Duke Energy / Energy / FirstEnergy / PicMyEnergy Mix

Use PicMyEnergy Mix to show the energy sources YOU prefer

CLEVELAND — When you buy a product or service you can mostly get what you want, right? For instance, with a new car purchase you can prioritize things like gas mileage, safety or other features in accordance with your values and needs. Now what about your home’s electricity — is […]

FirstEnergy is rebuilding its system of high-voltage transmission lines and could spend up to $15 billion on upgrades in the next few years. The company owns 24,000 miles of high-voltage power lines.
Energy / FirstEnergy

FirstEnergy sees $15 billion in power line upgrades, for which you will pay

AKRON — “FirstEnergy believes rebuilding its high-voltage transmission system is the best strategy for growth and future profits. The company is currently in the third year of a $4.2 billion renovation of portions of the grid in Ohio and Pennsylvania and expects to complete the upgrades by next year, James Pearson, […]

Todd Snitchler (L) and Steven Lesser (R) photo: RTO Insider
AEP / Energy / FirstEnergy

Ex-Ohio regulators debate AEP, FirstEnergy PPAs

Ott, Hughes, Thomas Talk Capacity Market WILLIAMSBURG, VA — “Two former Ohio regulators debated FirstEnergy’s and American Electric Power’s controversial power purchase agreements in the opening session of the Mid-Atlantic Conference of Regulatory Utilities Commissioners Annual Education Conference last week. Steven Lesser, who served on the Public Utilities Commission of […]

State regulators approved a plan to help subsidize the Davis-Besse Plant in Ottawa County and other power plants across Ohio by having customers act like investors.
Coal / Energy / FirstEnergy

FirstEnergy customers would pay equivalent of extra monthly electric bill for up to eight years

CLEVELAND — “Federal utility regulators appear to be the last bulwark between consumers and FirstEnergy’s efforts to make them pay more to subsidize two of its old Ohio power plants. The Ohio Consumers’ Counsel, several environmental groups and competing power suppliers have asked the Federal Energy Regulatory Commission to intervene […]

The Davis-Besse Nuclear Power Station at Oak Harbor, Ohio, would have a guaranteed buyer for all its output if the PUCO approves a FirstEnergy plan. Photo by Kathiann M. Kowalski.
AEP / Coal / Energy / FirstEnergy

Advocates weigh in with federal regulators on FirstEnergy plan

COLUMBUS — “FirstEnergy has claimed that consumers would eventually come out ahead, based on its assumption that gas prices will increase significantly over the next eight years. However, a May 2016 report by the Energy Information Administration projects that natural gas prices will remain below $5 per million British thermal […]

Nuclear plants need boost to stay open, industry warns
Clean Power Plan / Energy / FirstEnergy / Freeze on Clean Energy

Nuclear plants need boost to stay open, industry warns

Davis-Besse on list of most at-risk sites TOLEDO — “In this part of the country, FirstEnergy Corp. has vowed to stick by its aging Davis-Besse nuclear plant east of Toledo and its Perry plant east of Cleveland. DTE Energy likewise has no immediate plans to shut its Fermi 2 nuclear […]

Coal / Energy / FirstEnergy

FirstEnergy electricity rates falling next week, PUCO approves new rate plan

COLUMBUS — “While lower power prices are the main reason for the lower bills, other adjustments included in the company’s new comprehensive eight-year rate plan will also affect customer bills. The Public Utilities Commission of Ohio approved the complicated rate plan without discussion Wednesday in a vote that seemed anti-climatic […]

AEP / Energy / FirstEnergy

Will Ohio’s energy industry be re-regulated?

COLUMBUS — “AEP and FirstEnergy customers were on a path where they were going to see increases on their electric bills. Those increases would’ve propped up coal plants that don’t perform well in the market. But the Federal Energy Regulatory Commission — or FERC — stepped in and blocked the […]