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...