A split Ohio Supreme Court has blocked a charge FirstEnergy customers have been paying since 2017, saying state regulators improperly allowed it to go forward. This charge cost customers as much as $200 million for each of those two years.
The panel of state regulators that reviews utility rates will soon have a new leader who has a history of opposing renewable energy issues. This is causing concerns for supporters of a proposed solar farm from AEP.
Approving a governor’s appointee is usually a formality for the Ohio Senate. But the chamber’s leader says he has concerns about a Democratic lawyer from Columbus who is Gov. John Kasich’s pick for the panel that regulates electric utilities in Ohio.
Federal regulators have blocked Akron-based FirstEnergy and Columbus-based American Electric Power from imposing controversial short-term rate increases on customers to bring in money for struggling coal and nuclear plants - deals the companies said were essential to market stability but critics said were "bailouts".