Ohio utility regulators expand FirstEnergy audit to see whether customers should get refunds

COLUMBUS –– "The Public Utilities Commission of Ohio on Wednesday voted to probe whether FirstEnergy Corp. customers should be given refunds for questionable costs incurred by the utility, including $4 million paid to a company tied to ex-PUCO Chair Sam Randazzo.

... FirstEnergy officials haven’t publicly disclosed specific details about the costs, other than to say they were 'improperly classified,' 'misallocated' to the company’s local affiliates or 'lacked proper supporting documentation.' They said most of the costs occurred in Ohio, some dated back 10 years or more, and that the overall amount is relatively small and 'immaterial' to the company’s finances."

–– Jeremy Peltzer, cleveland.com

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  • Tatiana Rodzos
    published this page in News 2021-03-17 14:48:19 -0400