Tag: FirstEnergy
Ohio corruption scandal hits Energy Harbor bankruptcy case
Updated on August 18, 2020: The judge in Energy Harbor’s bankruptcy case will take another three months to consider final approval of fees and expenses for the utility’s outside firms,...
AEP contributed to dark money group that gave money to Generation Now
Update: AEP has acknowledged funding Empowering Ohio's Economy, a dark money organization that contributed to Generation Now
FirstEnergy scandal is latest example of utility corruption, deceit
Utilities have deceived public officials and investors to grow profits, occasionally leading to criminal investigations and prosecution.
Ohio House Speaker Larry Householder arrested. Will FirstEnergy Corp. be charged next? What you need to know
Federal prosecutors have charged Householder in a $60 million corruption scheme. Will FirstEnergy Corp. be charged next?
Utility CEOs received over $1 billion in executive compensation from 2017 – 2019
Investor-owned utilities' CEO compensation was up 26% in 2019 over 2018.
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
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...