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PUCO Staff Recommends $131M Annual Rider for FirstEnergy

Needed to Maintain Investment-Grade Credit Rating, Staff Says; Critics Object

Jul 4, 2016

By Suzanne Herel and Ted Caddell The Public Utilities Commission of Ohio staff has proposed a new rider for FirstEnergy that would allow the recovery of $131 million annually from ratepayers for three to five years in order to maintain the company’s investment-grade credit rating. “Staff believes the long-term financial...

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