12/04/2021

FirstEnergy to Refund $306 Million to Electric Customers

The unopposed settlement agreement is supported by OHA, OMA, among others

The Public Utilities Commission of Ohio (PUCO) has approved a settlement agreement and ordered FirstEnergy’s three Ohio utilities to refund customers $306 million.

The utilities are Cleveland Electric Illuminating Company, Ohio Edison and Toledo Edison.

“I’m pleased to see that the commission has approved refunds and rate reductions for FirstEnergy’s Ohio utility customers,” said PUCO chairwoman Jenifer French. “Today we resolve years of effort by numerous stakeholders in these cases and thank them for coming together to craft this sensible resolution.”

Please select this link to read the complete article from The Youngstown Vindicator.