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FirstEnergy

Ohio Public Radio

FirstEnergy Solutions blames the current energy market for deciding to close its Ohio coal plant within the next four years. 

President Trump has ordered Energy Secretary Rick Perry to take immediate steps to help financially troubled coal and nuclear power plants.

linkedin.com

President Trump often talks about "draining the swamp" of inside dealers in Washington.

The Public Utilities Commission of Ohio has rejected legal arguments by the state's four electric utilities seeking to avoid returning proceeds from the federal tax cut to customers through rate reductions. 

Ohio Public Radio

A dozen employees of Akron-based FirstEnergy came to Columbus Monday to lobby lawmakers and the governor to save two nuclear power plants the firm plans to close.

A subsidiary that runs Akron-based FirstEnergy's nuclear and coal-fired power plants has filed for bankruptcy. 

Ohio Public Radio

Akron-based FirstEnergy says it plans to close its Davis-Besse and Perry nuclear power plants within the next three years. 

Andy Chow

Corporations are seeing big savings as the effects of the large federal tax cut take place.

Ohio Public Radio

State lawmakers are trying to decide whether to allow utilities to raise customer rates to bail out their struggling nuclear power plants. 

State of Ohio

A Republican state lawmaker says there are no plans to hold more hearings on a proposal to raise customer bills to bailout two nuclear power plants owned by Akron-based FirstEnergy. 

Moody's Investors Services says it's highly likely a subsidiary of Akron-based FirstEnergy will default on a 100 million dollar bond payment in early April, which will result in bondholders losing a significant percentage of their investments.

whitehouse.gov

The Trump administration has rejected a coal industry push to issue a rarely used emergency order protecting coal-fired power plants.

State of Ohio

Ohio Governor John Kasich says he can't see supporting a proposed bailout of Akron-based FirstEnergy's two nuclear plants that's now stalled in the state Legislature.

The Public Utilities Commission of Ohio has rejected appeals of an earlier decision allowing Akron-based FirstEnergy to raise customer rates for three years to improve its electricity distribution grid.

Akron-based FirstEnergy is considering appealing a judgment against the utility in a civil lawsuit. 

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A proposed bailout of Akron-based FirstEnergy's two Ohio nuclear power plants appears to be stalled in the state Legislature.

Ohio Public Radio

Ohio lawmakers have tabled Akron-based FirstEnergy's proposal to raise customer rates to bailout its two Ohio nuclear power plants.

Ohio Public Radio

The CEO of one of Ohio’s largest energy providers made a rare appearance before state lawmakers, pleading for nuclear plant subsidies. 

Updated at 4:58 p.m. May 18 to update the status of an Ohio bill and to add the name of a group spearheading support for it.

Just like coal companies, America's nuclear power industry is having a tough time. It faces slowing demand for electricity, and competition from cheaper natural gas and renewables. And now, touting itself as a form of clean energy, the nuclear industry is lobbying state legislatures with a controversial pitch for help.

AEP webcast

Columbus-based American Electric Power is defending its proposal to raise customer rates.

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The utility that owns Ohio's two nuclear power plants says it needs to charge its customers more in order save the facilities. 

A bailout is being proposed for two Ohio nuclear power plants that would end up increasing rates by 5 percent for customers of their owner, troubled Akron-based FirstEnergy.

Akron-based FirstEnergy is planning to either sell or close all of its power plants in Ohio and Pennsylvania. 

firstenergycorp.com

Consumer groups are appealing the Public Utility Commission of Ohio's decision to increase rates to guaranteed profits for Akron-based FirstEnergy's coal-fired and nuclear power plants.

The Federal Energy Regulatory Commission says the controversial power purchase agreements allowing two Ohio utilities to impose short-term rate increases cannot take effect until the agency approves them.

PUCO Approves Utilities Plan To Raise Rates To Subsidize Older Plants

Mar 31, 2016

State regulators have approved a pair of deals that allow FirstEnergy and AEP to impose multi-billion dollar rate increases on electricity customers to subsidize some older coal-fired and nuclear power plants.

Regulators Set To Vote On Rate Hike For AEP And First energy

Mar 30, 2016

State regulators are set to vote tomorrow on a multi-billion-dollar rate hike proposal from two electric utilities that critics call a coal plant bailout.

Alternative energy supporters have organized a campaign against two proposed agreements that they call coal-plant bailouts.

Ohio Citizen Action

Utilities, energy officials and environmental advocates are debating a proposal that would set the stage for the future of energy in Ohio.

Akron-based FirstEnergy says the Davis-Besse nuclear power plant that was shut down Saturday night due to a steam leak has resumed operations.

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