OMA Goes to FERC (again) to Block FirstEnergy


The OMA Energy Group again filed comments before the Federal Energy Regulatory Commission (FERC), which had previously blocked the Ohio-approved power purchase agreements (PPA) from going into effect.  Since that decision in late April, FirstEnergy has modified its subsidy proposal to remove the problematic affiliate PPA and replace it with a virtual PPA.  OMA Energy Group continues to oppose FirstEnergy’s unlawful attempts to collect subsidies from ratepayers. “The implementation of the virtual PPA will bestow upon FirstEnergy Ohio regulated utilities and likely their parent company and/or FirstEnergy’s Ohio market-regulated affiliates at least $3.6 billion in revenues from Ohio customers,” said OMA Energy Group counsel Kimberly Bojko of Carpenter Lipps & Leland in the OMA motion to intervene.