Company Files to End Collection of Decoupling Revenues in Ohio
February 2, 2021
FirstEnergy’s Ohio utilities filed an application yesterday with the Public Utilities Commission of Ohio (PUCO) to end the collection of decoupling revenues permitted by Ohio House Bill 6 (HB 6). This will be considered by the PUCO at a meeting today and their approval is the first step toward a partial settlement in the ongoing civil litigation with the Ohio Attorney General and other parties, subject to court approval.
Working to constructively resolve this matter in cooperation with the Ohio Attorney General and other parties is part of decisive actions the Board and management are taking to position FirstEnergy for the future and continue to deliver safe, reliable electric service to our customers. FirstEnergy’s leadership is committed to transparency and integrity in every aspect of its business.