FirstEnergy

Energy Secretary Rick Perry. Photo by Gage Skidmore, Wikimedia Commons
Energy / FirstEnergy / Nuclear Energy

Utility asks Perry to save coal, nuclear plants

WASHINGTON, DC — “FirstEnergy Corp. is seeking a declaration under section 202(c) of the Federal Power Act that certain coal and nuclear plants cannot close and that an electric grid operator pay plant operators enough to recover their costs. The order would apply to the PJM Interconnection, the nonprofit grid operator for […]

FirstEnergy Solutions begins bankruptcy
FirstEnergy / Nuclear Energy

FirstEnergy Solutions begins bankruptcy

AKRON — “Attorneys for FirstEnergy Solutions and six affiliated debtors are to appear in U.S. Bankruptcy Court Tuesday to begin Chapter 11 proceedings before Judge Alan M. Koschik, a move that parent company FirstEnergy Corp. sees as a necessary step for it to remain viable and start anew. FirstEnergy is one […]

FirstEnergy Solutions bankruptcy restructuring likely, power plants would be closed or sold
Energy / FirstEnergy / Nuclear Energy

FirstEnergy Solutions bankruptcy restructuring likely, power plants would be closed or sold

CLEVELAND — “Brutal competitive financial forces are poised to remake FirstEnergy into a utility without power plants and focused solely on delivering electricity. The Akron-based power company that a decade ago hired former George W. Bush administration Solicitor General Ted Olson to bully state lawmakers who were considering a return to […]

Here’s what utilities have promised to deliver on renewables, emissions
AEP / Coal / Energy / FirstEnergy

Here’s what utilities have promised to deliver on renewables, emissions

LANSING, MI — “A Midwest Energy News review of investor-owned utilities in the region found three-quarters of them have made voluntary renewable or emission pledges that go above and beyond what’s required under state laws. All but four of the 17 companies have set voluntary goals for renewables, emissions or both. Seven utilities have […]

Davis-Besse shut down for refueling
Energy / FirstEnergy

Davis-Besse shut down for refueling

CLEVELAND — “The FirstEnergy Nuclear Operating Co. has shut down the Davis-Besse nuclear reactor for refueling. The company said Monday it would replace about a third of the reactor’s 177 fuel rod assemblies and do other routine inspection and preventive maintenance of the power plant’s major components. More than 1,000 […]

Ohio utilities aren’t ready to share federal tax cut with customers
AEP / Energy / FirstEnergy

Ohio utilities aren’t ready to share federal tax cut with customers

COLUMBUS — “The full benefits of last year’s federal tax cuts haven’t trickled down to Ohio gas and electric bills, and if it’s up to the utilities it could be a while before that happens. Ohio utility regulators, like those in virtually every state, are deliberating on what to do with millions in tax savings […]

FirstEnergy Solutions failure appears inevitable says FE CEO
Energy / FirstEnergy

FirstEnergy Solutions failure appears inevitable says FE CEO

CLEVELAND — “FirstEnergy’s top executive Charles ‘Chuck’ Jones confirmed today what analysts have been whispering for months, that time is running out for the company’s power plant subsidiary, FirstEnergy Solutions. Jones told analysts during a public teleconference that FirstEnergy Solutions has been operating independently since early last year and that […]

Consumer groups maintain rate increase cases and power purchase agreements filed by the utilities are muddying the waters of Ohio's energy market.
AEP / Dayton Power & Light / Duke Energy / Energy / FirstEnergy

Lower Ohio electric rates based on federal tax cut won’t be easy or quick

CLEVELAND — “Don’t plan on lower electric bills anytime soon reflecting the fat tax cut Ohio’s electric utilities are already enjoying. FirstEnergy, American Electric Power, Duke Energy and Dayton Power & Light have made it clear to the PUCO that passing on their windfall tax break from 35 percent to […]

FirstEnergy is about to ask Ohio lawmakers to create new regulations awarding "zero emission credits," or ZECs, to its nuclear power plants, Davis-Besse east of Toledo and Perry east of Cleveland, in recognition that they do not contribute to air pollution. The ZECs would increase customer bills. The plan is sure to be challenged in federal court because it would subsidize the nukes which are supposed to be operating in a competitive market.
Energy / FirstEnergy

FirstEnergy executive: Davis-Besse plant headed for premature closure

OAK HARBOR — “A FirstEnergy Corp. executive confirmed Thursday what many people have feared for months: The utility’s Davis-Besse nuclear plant is headed for a premature closing. The outlook for FirstEnergy’s coal-fired power plants and its other nuclear plants — its twin-reactor Beaver Valley nuclear plant west of Pittsburgh and […]

$43 million in FirstEnergy overcharges can’t be refunded, says top court
Energy / FirstEnergy

$43 million in FirstEnergy overcharges can’t be refunded, says top court

CLEVELAND — “Consumers won’t see $5 reductions in monthly FirstEnergy electric bills as state regulators, the Ohio Consumers’ Counsel and environmental groups had hoped. The Ohio Supreme Court today ruled that FirstEnergy does not have to refund $43.4 million it collected from customers to pay for the most expensive Renewable Energy […]