FirstEnergy Wants Regulated Companies to Subsidize Generation
Back to the Future?
Aug 12, 2014
By Ted Caddell and Rich Heidorn Jr. Ohio electricity consumers paid FirstEnergy $6.9 billion to compensate the company for generation assets “stranded” when its monopoly over energy sales was eliminated in 1999. Now, FE is asking them to pay again to prop up nuclear and coal generating plants the company...