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Ohio Capital Journal
An energy lobbyist who Gov. Mike DeWine appointed as the state’s top regulator of public utilities received $22 million from FirstEnergy Corp. in the decade before his appointment including $4.3 million paid just before assuming the post and specifically to execute official duties to benefit the Akron-based utility recent court documents revealed.
Sam Randazzo, who resigned as chairman of the Public Utilities Commission of Ohio after federal agents raided his Columbus home, used his PUCO chairmanship to scuttle a requirement that FirstEnergy undergo a rate review set for 2024, which company executives believed would hurt its bottom line, the documents state.
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FirstEnergy will pay a $230 million fine in a plea deal with federal prosecutors in the federal investigation into the $1.6 billion bailout for Ohio’s two nuclear energy plants. But some are saying state leaders have not done enough to prevent back room dealing that can lead to scandals like this.
FirstEnergy Corp’s plea comes in the $61 million bribery case in which prosecutors say former Speaker Larry Householder (R-Glenford) and the other defendants used FirstEnergy money to pass the bailout known as House Bill 6. FirstEnergy’s former subsidiary owned the power plants.
Statement from attorneys for Larry Householder
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