FirstEnergy filing reveals dropped fee, more details in HB6 aftermath: Capitol Letter
Updated Feb 17, 2021;
Posted Feb 17, 2021
FirstEnergy Corp. is getting rid of a fee it had collected since 2011 as the company continues to try to restore its reputation in the aftermath of the House Bill 6 scandal. (cleveland.com file photo)
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Fee falling: FirstEnergy announced Tuesday it had axed a fee it had collected since 2011 as the company continues to try to restore its reputation in the aftermath of the House Bill 6 scandal. As Jeremy Pelzer and Andrew Tobias report, the company is eliminating the “lost distribution revenue” charge, similar to the decoupling fee the company previously agreed to forego. In a Tuesday regulatory filing, the company also used slightly more pointed terms to describe a previously disclosed $4 million payment it made to an unnamed person, believed to be former Public Utilities Commission of Ohio Chairman Sam Randazzo, be