The OMA Energy Group (OMAEG) is leading the effort at the Public Utilities Commission of Ohio (PUCO) to ensure FirstEnergy customers receive a full and immediate refund of nearly $30 million paid under House Bill 6’s decoupling provisions.
As reported by Gongwer News, under HB 6’s decoupling provision, which has since been repealed, FirstEnergy was authorized to collect revenue through a rider that guaranteed the company’s revenue at record-setting 2018 levels (about $978 million). The repeal legislation — House Bill 128, which takes effect June 30 — requires those funds to be promptly returned to consumers.
The OMA wants the PUCO to make public the records used to calculate decoupling refunds — and to ensure those records are independently verified. 6/14/2021