PUCO OKs Agreement Calling for FirstEnergy to Refund Ohio Customers $306 Million

The PUCO this week approved a settlement agreement and ordered FirstEnergy’s three Ohio utilities (Cleveland Electric Illuminating Company, Ohio Edison, and Toledo Edison) to refund customers $306 million.

The order comes after last month’s unanimous settlement agreement, which was supported by the OMA Energy Group and other parties. The OMA has called the settlement “a huge win” for FirstEnergy customers “who have been saddled with above-market charges for years.” 12/1/2021