FirstEnergy

Public will get a say next week in Ohio power plant plans
Coal / Energy / FirstEnergy

Public will get a say next week in Ohio power plant plans

AKRON — “The Public Utilities Commission of Ohio (PUCO) will hold hearings next week in Akron, Toledo and Cleveland to give local citizens a chance to voice their views on FirstEnergy’s plan for customers to guarantee sales for certain power plants. Under the proposed plan, FirstEnergy’s Ohio utilities would purchase […]

FirstEnergy Corp. briefly mothballed its W.H. Sammis power plant in 2012 because the company could buy gas-fired electricity in wholesale markets for less than it cost Sammis to generate it. The huge, coal-fired power plant on the Ohio River generates twice as much electricity as two nuclear power plants. Now the company wants its regulated companies to buy all of the plant's output.
Coal / Energy / FirstEnergy

FirstEnergy rate deal to cost customers an extra $3 billion, says Consumers’ Counsel

COLUMBUS — “The latest proposed FirstEnergy rate plan would cost customers an extra $3 billion, an expert retained by two consumer organizations charged earlier this week. The plan would have “a net cost to customers of about $3.1 billion to $3.2 billion,” wrote Matthew Kahal, an expert consultant retained by […]

FirstEnergy votes for CEO change
Coal / Energy / FirstEnergy

FirstEnergy votes for CEO change

As CEO Tony Alexander steps down, clean energy advocates call for change of direction AKRON — “Following a vote Tuesday, Dec. 16, the FirstEnergy’s board of directors voted CEO Tony Alexander out of his position, to be replaced by new successor Charles Jones, an internal candidate. Alexander will continue to serve […]

This chart from the redacted version of testimony submitted on behalf of the Sierra Club projects that customers would incur a cumulative loss (green line) for at least 10 years under Duke Energy’s proposed power purchase agreement plan.
AEP / Coal / Duke Energy / FirstEnergy

While seeking ‘bailout,’ Ohio utilities keep cost data secret

COLUMBUS — “As Ohio utilities seek to require the public to help pay for aging power plants, they are also fighting to keep data that could be used to evaluate those plans under wraps. FirstEnergy, Duke Energy and American Electric Power have asked the Public Utilities Commission of Ohio (PUCO) […]

The proposed bailout for Ohio’s coal plants: A bad idea any way you look at it
AEP / Coal / Duke Energy / Energy / FirstEnergy

The proposed bailout for Ohio’s coal plants: A bad idea any way you look at it

CAMBRIDGE, MA — “Ohio’s three biggest electricity providers are asking the state to approve a bailout plan that would force Ohioans to pay hundreds of millions of dollars in extra charges to keep some of the nation’s oldest, dirtiest, and least efficient power plants operating. If the proposals are approved, […]

FirstEnergy's Ohio power companies have paid consumers $50 to turn in old, working refrigerators since 2011. The electric company contracted with Jaco Environmental to recycle the old appliances at its  Stow facility. About 95 percent of the refrigerator and freezer materials can be recycled. FirstEnergy is ending its consumer energy efficiency programs.
Energy / FirstEnergy

PUCO approves FirstEnergy’s request to suspend popular energy efficiency programs

COLUMBUS — “State regulators on Thursday approved FirstEnergy’s request to scuttle most of its consumer energy efficiency programs at the end of the year, ending popular rebates and discounts on Energy Star appliances and lighting and rewards for turning in old appliances. FirstEnergy is the only Ohio electric company that has […]

FirstEnergy wants to end its program that funds discounts on high-tech consumer light bulbs such as this Cree LED bulb that uses only 11 watts but gives the light of an old-fashioned 60-watt bulb.
FirstEnergy

Trying to reduce your electric bill? Don’t look to FirstEnergy for help

COLUMBUS — “FirstEnergy’s plan to end most of its customer energy efficiency programs by year’s end is up for a vote before the Public Utilities Commission today. Such programs reduce demand for electricity, helping to keep prices to consumers lower, say advocates that have urged the PUCO to reject FirstEnergy’s proposals. […]

The Lucas family has three wishes: 1.Clean Air 2. updated technology 3. Help from FirstEnergy
Energy / FirstEnergy

Dear PUCO: A family’s three wishes

GRID WARS: The battle to control your electricity
Energy / FirstEnergy

GRID WARS: The battle to control your electricity

WASHINGTON, DC — “Rarely has a major U.S. industry reached a crossroads as stark as that facing today’s electric utilities. EPA’s recent proposal for regulating carbon emissions from power plants is just one part of a broader trend, as the century-old model of centralized fossil fuel burning electricity generation moves […]

FirstEnergy’s stock prices have slipped, compared to other energy and industrial companies. Courtesy IEEFA.
Coal / Energy / FirstEnergy

Report: FirstEnergy’s coal focus ‘not a winning strategy’

CLEVELAND — “FirstEnergy’s effort to get Ohio consumers to subsidize noncompetitive power plants is short-sighted and won’t guarantee long-term financial health, according to a new report. That’s because FirstEnergy continues to center its business around coal, instead of adapting to competition, changing markets and newer technologies, says the report, released last week […]