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FirstEnergy ordered to remove 'modernization' fee

Started by RSS, June 19, 2019, 10:01:45 AM

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FirstEnergy ordered to remove 'modernization' fee

 FirstEnergy Companies’ customers have been paying an extra $168 million to $204 million per year through a rider intended to incentivize the companies to modernize their energy-distribution systems. Today, the Ohio Supreme Court ruled that the Public Utilities Commission of Ohio (PUCO) improperly authorized those charges and ordered them to be removed. 

Source: FirstEnergy ordered to remove 'modernization' fee