FirstEnergy customers to get refunds, after Gov. Mike DeWine signs bill: Capitol Letter
Updated 8:00 AM;
Today 8:00 AM
Facebook Share
Rotunda Rumblings
HB-nixed: With little fanfare, Gov. Mike DeWine on Wednesday signed House Bill 128, which repeals the cornerstone of the scandal-ridden House Bill 6: a $1 billion-plus bailout of two Northern Ohio nuclear power plants. As Jeremy Pelzer reports, HB128 also repeals an HB6 “decoupling” provision that allows FirstEnergy Corp. to collect a comparatively high amount of money from customers, as well as a separate measure making it easier for FirstEnergy to pass state limits on significantly excessive profits.
Return policy: FirstEnergy says that, as a result of HB128, it will refund $26 million to customers collected under its “decoupling” policy. As Pelzer explains, the Akron-based utility said it will work with state regulators to determine how much money each customer will get, along with how and when they will get it.
Many Republican Ohio lawmakers, nearly all Democrats plan to get the COVID-19 vaccine
the-daily-record.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from the-daily-record.com Daily Mail and Mail on Sunday newspapers.
Many Republican Ohio lawmakers, nearly all Democrats plan to get the COVID-19 vaccine
daily-jeff.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daily-jeff.com Daily Mail and Mail on Sunday newspapers.