Post Tagged with: "electric utilities"

Reineke takes campaign checks from FirstEnergy Corp. before cosponsoring their bailout bill
Dayton Power & Light / Energy / FirstEnergy / Nuclear Energy / Ohio Utility Bailouts / Utilities

Reineke takes campaign checks from FirstEnergy Corp. before cosponsoring their bailout bill

TIFFIN, OH — “Members of the Ohio House, including State Rep. Bill Reineke (R-Tiffin), who voted in favor of a bill to bail out uncompetitive coal and nuclear power plants received over $320,000 in campaign money from four utilities that will benefit financially from the bill’s passage. American Electric Power (AEP), […]

Photo by Sharon McCutcheon on Unsplash
FirstEnergy / Nuclear Energy

Nuclear bailout bill shows how big money can be put to work in the Ohio Statehouse

COLUMBUS — “From well-placed campaign contributions, to lobbyist-engineered testimony, to millions of dollars in mysteriously funded TV and radio ads, the effort to get the state legislature to pass a bill bailing out two nuclear plants owned by a former FirstEnergy subsidiary is a textbook example of how big money can […]

FirstEnergy headquarters in Akron.
FirstEnergy / Utilities

Ohio lawmakers seek to relax profit limits on FirstEnergy, other utilities

COLUMBUS — “If passed, the Akron-based utility would stand to make more money from ratepayers, rather than having to issue refunds to more than a million customers in northeast and north-central Ohio. The amendment, one of dozens added by lawmakers last week, would change the state’s calculation of what constitutes ‘significantly […]

Consumers’ office says FirstEnergy amendment will lead to ‘price gouging’
FirstEnergy / Utilities

Consumers’ office says FirstEnergy amendment will lead to ‘price gouging’

  “The office charged with defending Ohio consumers in utility matters says a House-added budget provision would subject 1.1 million FirstEnergy customers to ‘price gouging.’ Among the many amendments added to the two-year budget bill is one changing the calculation of ‘significantly excessive earnings’ for Akron-based FirstEnergy. This would change […]

Credit: Thomas Gnau / Dayton Daily News
Dayton Power & Light / Fixed Rate Hikes

DP&L’s requested rate hike draws opposition

DAYTON — “Raising Dayton Power & Light’s fixed residential charges will hurt low-income Dayton residents and those who take steps to conserve energy, several witnesses told the Public Utilities Commission of Ohio (PUCO) in a public hearing Tuesday. …The increase will ‘force (DP&L’s) residential customers in Southwestern Ohio to pay […]

Ohio manufacturers ask FERC to say ‘no’ to new energy tax: Ryan Augsburger (Opinion)
Ohio Utility Bailouts

Ohio manufacturers ask FERC to say ‘no’ to new energy tax: Ryan Augsburger (Opinion)

CLEVELAND — “The Federal Energy Regulatory Commission will soon decide whether or not to increase the price of electricity paid by manufacturers and working families in Ohio and across the Northeast and Midwest. If enacted, the proposed rule change would deal a serious blow to America’s manufacturing competitiveness by requiring consumers to […]

Consumer groups maintain rate increase cases and power purchase agreements filed by the utilities are muddying the waters of Ohio's energy market.
Utilities

Power Failure: How utilities across the U.S. changed the rules to make big bets with your money

CHARLESTON, SC — “Listen to the folks who run some of our biggest electric utilities: Tom Fanning, chief of Southern Company, in 2016 about its nuclear project in Georgia, which is years behind schedule: ‘It has gone beautifully. And we’re on schedule.’ Kevin Marsh, CEO of SCANA, in 2016 about […]

FirstEnergy wants to raise rates by 2 percent for grid upgrades
FirstEnergy / Utilities

FirstEnergy wants to raise rates by 2 percent for grid upgrades

COLUMBUS — “FirstEnergy wants to increase electricity rates by up to 2 percent for three years to make some $450 million in improvements to the grid. Any increase in electric bills would require approval by the Public Utilities Commission of Ohio. The utility hopes the commission will OK the proposal by May, […]

Shannon Baker-Branstetter
Duke Energy / Fixed Rate Hikes

Duke Energy seeks base fee increase, undercutting thrift (Opinion)

CINCINNATI — “You should be able to manage your utility bills by controlling how much energy you use at home. That’s logical and straightforward. But Duke Energy wants to change that. If Duke’s proposal to significantly raise its ‘customer fees’ is approved, you’d lose control over a big portion of […]

A drilling rig in Columbiana County
Coal

Coal takes a back seat to cheaper and plentiful natural gas in Ohio

COLUMBUS — “Twenty-five years ago, Ohio was a place where plentiful coal led to low electricity rates, and almost nobody was talking about getting oil or gas from shale. The state’s utility companies were shielded from competition thanks to a price regulation and monopoly service. And all of that was […]