FirstEnergy Case Update

The Ohio Legislature appears to be making progress on eliminating most of the provisions included in a corruption-tainted energy bill, now the subject of federal investigations. Lawmakers voted unanimously to approve a bill that removes the most scrutinized provision…a $1 billion bailout for two Ohio nuclear plants that were operated by a subsidiary of Akron-based FirstEnergy…when the energy bill was approved in July 2019. A new company, called Energy Harbor, took ownership of the two plants along the Lake Erie shoreline in February 2020 in a U.S. Bankruptcy Court deal. Energy Harbor has indicated to lawmakers it no longer wants the subsidy that would have been funded by electric customers from across the state.

Check Also

Nope…No Fair

The 2021 Ohio State Fair will not be open to the general public this summer…coronavirus. …