Tag: FirstEnergy
Caught in patchwork of policies and pledges, some utility customers may still be awaiting electricity restoration or racking up fees
A mosaic of state policies and voluntary pledges has meant that the effects of missing a utility payment are playing out unevenly across the country.
Energy companies in U.S. Chamber silent as Chamber opposed use of Defense Production Act to produce medical supplies for COVID-19
But some energy companies in the Chamber have lobbied for using the DPA to bail out struggling coal plants instead
Energy Harbor reveals money, risks involved in Ohio bailout
Financial documents from Energy Harbor reveal new details about FirstEnergy Corp.’s involvement in the multi-million dollar political campaign behind Ohio’s law forcing consumers to bail out struggling coal and nuclear...
Morgan Stanley: Duke, other utilities ignoring profit opportunity by failing to decarbonize rapidly
Morgan Stanley analysts say utilities can grow earnings by accelerating coal-to-renewables switch, but some utilities are letting the opportunity slip away.
Strings Attached: How utilities use charitable giving to influence politics and increase investor profits
Download full report FirstEnergy FirstEnergy Corporation’s regulated electric distribution companies provide service to 6 million customers in Maryland, Ohio, New Jersey, Pennsylvania, and West Virginia. FirstEnergy Solutions, a bankrupt subsidiary,...
Strings Attached: How utilities use charitable giving to influence politics and increase investor profits
Click to jump to the utility case studies. I. Introduction In the fall of 2017, a parade of paid actors, pretending to be concerned residents, lined up to offer public...
Report details utilities’ use of charitable giving to influence politics
Utilities' charitable giving a massive part of their political operations, used to manipulate support from low-income communities and communities of color.
FirstEnergy drafted testimony for pro-bailout county, school officials in Ohio
FirstEnergy provided draft testimony to county and school officials who testified in support of enacting House Bill 6, Ohio’s controversial new law that bails out coal and nuclear power plants...
Southern Company and American Electric Power pledge to reduce emissions, but still support coal lobby group
Investors are calling on major companies to align their climate lobbying efforts with the Paris Agreement
Utility Carbon Targets Reflect Decarbonization Slowdown In Crucial Next Decade
Many of the nation's largest utilities are planning to slow down their efforts to decarbonize, according to the companies' own goals.