FirstEnergy

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 […]

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 mum on fate of two old Ohio power plants in regional auction

CLEVELAND — “FirstEnergy would not discuss the fate of its power plants Tuesday night in the annual 13-state auction that grid manager PJM held to identify the most economic power plants that will still be operating in 2019. A flock of new gas-fired power plants jumped into the PJM competition this […]

FirstEnergy rate plan gets retooled
Coal / Energy / FirstEnergy

FirstEnergy rate plan gets retooled

COLUMBUS — “A scuttled rate plan by FirstEnergy Corp. that would have charged customers possibly $4 billion over the next eight years to subsidize the utility’s economically noncompetitive coal and nuclear power plants has been revised to allow it to create what amounts to a rainy day fund. That fund, […]

Ohio court backs PUCO on pricing
Energy / FirstEnergy

Ohio court backs PUCO on pricing

Effort to set energy rates detoured by FERC decision COLUMBUS — “The Ohio Supreme Court on Wednesday unanimously upheld the method that was used by state regulators to set current rates in the service territory of Toledo Edison parent FirstEnergy Corp. The decision comes as efforts to set rates for […]

FirstEnergy reiterates its reliance on coal alongside green initiatives at annual meeting
Coal / Energy / FirstEnergy

FirstEnergy reiterates its reliance on coal alongside green initiatives at annual meeting

AKRON — “Energy efficiency, renewable energy and retiring coal-burning plants will be key tools as FirstEnergy Corp. moves toward producing cleaner energy, said President and CEO Charles E. Jones. But coal remains a key part of the company’s plans, he said Tuesday in response to a question at the company’s […]

Cathy Cowan Becker looks at electric bill in her Grove City home. Photo: Andy Chow
AEP / Coal / Energy / FirstEnergy

From the power plant to your electric bill: Federal ruling sets stage for big decisions

COLUMBUS — “What Cathy [Cowan Becker] and the 4.7 million other Ohio customers that pay for electricity might not realize yet is that the future of their electric bills and the energy industry are approaching a monumental moment. And a decision from federal regulators regarding coal plants may have set […]