Ohio House expected to ax nuclear subsidies in piecemeal repeal of House Bill 6
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Ohio House expected to ax nuclear subsidies in piecemeal repeal of House Bill 6
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Ohio utility regulators may probe FirstEnergy over $4M payment to former top official, other questionable costs Jeremy Pelzer and Andrew J. Tobias, cleveland.com
COLUMBUS, Ohio The Public Utilities Commission of Ohio on Wednesday is set to consider expanding its audit of FirstEnergy Corp. to include reviewing questionable costs that include a $4 million payment to an entity state officials have said is tied to former Public Utilities of Ohio Chairman Sam Randazzo.
If approved by the commission, it could open the door to ratepayer refunds if state regulators find that money collected from customers to pay for infrastructure improvements was wrongfully used to pay the costs, which FirstEnergy officials say were “improperly classified,” “misallocated” to the company’s local affiliates or “lacked proper supporting documentation.”
Activist investor Carl Icahn seeks seats on FirstEnergy s board
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