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FirstEnergy refunds $26M as nuclear bailout repeal is signed

FirstEnergy refunds $26M as nuclear bailout repeal is signed
manufacturing.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manufacturing.net Daily Mail and Mail on Sunday newspapers.

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FirstEnergy refunds $26M as nuclear bailout repeal is signed - Wilmington News Journal

FirstEnergy refunds $26M as nuclear bailout repeal is signed
By Julie Carr Smyth and John Seewer - Associated Press
COLUMBUS, Ohio (AP) An Ohio electric company under scrutiny for its role in what federal authorities say was a $60 million bribery and corruption scheme said it will refund $26 million to customers that it collected through a tainted nuclear bailout bill, which was repealed by the governor Wednesday.
The millions in question were paid by customers of Akron-based FirstEnergy Corp.’s three Ohio electric utility companies as part of a revenue guarantee that they steadily receive the same amount of annual revenue they collected in 2018, a year of extreme weather and high electric use. ....

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FirstEnergy refunds $26M as nuclear bailout repeal is signed

FirstEnergy refunds $26M as nuclear bailout repeal is signed
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Thu. 9:26 a.m.: FirstEnergy refunds $26M as nuclear bailout repeal is signed | News, Sports, Jobs

Apr 1, 2021
COLUMBUS (AP) An Ohio electric company under scrutiny for its role in what federal authorities say was a $60 million bribery and corruption scheme said it will refund $26 million to customers that it collected through a tainted nuclear bailout bill, which was repealed by the governor Wednesday.
The millions in question were paid by customers of Akron-based FirstEnergy Corp.’s three Ohio electric utility companies as part of a revenue guarantee that they steadily receive the same amount of annual revenue they collected in 2018, a year of extreme weather and high electric use.
The announcement came the same day Republican Gov. Mike DeWine signed a bill repealing the nuclear bailout and other provisions of the earlier bill. The repeal legislation gets rid of electricity bill surcharges that were created in 2019 to pay for the bailout for the Davis-Besse nuclear power plant near Oak Harbor and the Perry plant east of Cleveland. ....

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Thu. 9:26 a.m.: FirstEnergy refunds $26M as nuclear bailout repeal is signed | News, Sports, Jobs

Thu. 9:26 a.m.: FirstEnergy refunds $26M as nuclear bailout repeal is signed | News, Sports, Jobs
tribtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribtoday.com Daily Mail and Mail on Sunday newspapers.

United States , Oak Harbor , Mike Dewine , Bruce Weston , David Yost , Chuck Jones , Public Utilities Commission Of Ohio , Team Householder , Firstenergy Corp , Office Of Ohio Consumer Counsel , Akron Based Firstenergy , Ohio House Speaker Larry Householder , Republican Ohio Attorney General David , House Bill , Ohio Consumer Counsel , Public Utilities Commission , Counsel Bruce Weston , ஒன்றுபட்டது மாநிலங்களில் , ஓக் துறைமுகம் , காயங்கள் வெஸ்டன் , டேவிட் யொஸ்ட் , சக் ஜோன்ஸ் , பொது பயன்பாடுகள் தரகு ஆஃப் ஓஹியோ , அணி வீட்டுக்காரர் , பிற்ஸ்தேனேர்கி கார்ப் , அலுவலகம் ஆஃப் ஓஹியோ நுகர்வோர் ஆலோசனை ,