Tag: FirstEnergy

Utility Industry Contributions to Section 527 Political Organizations

Over 70 investor-owned utility holding companies and their subsidiaries have contributed more than $85 million from 2008 through 2024 to the Republican Governors Association, Republican Attorneys General Association, Republican State Leadership...

/ February 26, 2018

Five Ohio Supreme Court justices received FirstEnergy campaign cash before they axed a $43 million refund to the utility’s customers

Five of the six Ohio Supreme Court justices who ruled that FirstEnergy does not have to refund $43.4 million to customers have received campaign contributions from FirstEnergy. The Ohio Supreme...

/ February 14, 2018

FERC Commissioners received free travel to secretive beach conference, organized by FirstEnergy board member

"Private invite-only events that bring together powerful industry executives to mingle off the record with regulators and decision-makers only invites a conflict of interest." - Tyson Slocum, Public Citizen

/ December 8, 2017

FirstEnergy floods FERC with ghostwritten comments seeking bailouts for its coal and nuclear power plants

FirstEnergy is behind hundreds of pages of largely ghostwritten comments seeking bailouts for the utility’s failing coal and nuclear power plants that were submitted to the Federal Energy Regulatory Commission...

/ October 26, 2017

Coal and utility interests ask for, receive, bailouts to help failing power plants

"You can’t see the gas lines. You can’t see wind. You can’t see solar. So maybe we need to talk about having a requirement for power plants in order to...

/ October 2, 2017

Utility Earnings Calls Further Shows the Conflict of Nuclear and Coal Versus Natural Gas

"We need to make sure that our customers get electricity even in the event of a long-term disruption of the natural gas pipeline system." - Exelon's Joseph Dominguez

/ August 10, 2017

Paying for Utility Politics: How ratepayers are forced to fund the Edison Electric Institute and other political organizations

The Edison Electric Institute is an inherently political organization, and a powerful one. At $90 million, its budget is the highest it has been in over a decade – a budget...

FirstEnergy Shareholders Vote Against Proposal for Disclosure of Lobbying Activities and Membership Payments

The shareholder activist stated the inadequate disclosure by FirstEnergy, combined with its active lobbying against the Clean Power Plan, present significant risks to investors.

/ May 18, 2016
Hedge fund Acme Equities ("Enchant Energy") is attempting to install CCS on the San Juan Generating Station.

Global Investors Warn Utilities to Change Business Strategy and Prepare for Climate Change

Now that countries have signed the Paris Agreement, global investors are warning utility companies that they must now act.

/ May 4, 2016

FirstEnergy Ohio Bailout – Bad for Ratepayers, Bad for Ohio

186,000 ratepayers would be forced to pay an additional fee to prop up the company’s uncompetitive coal and nuclear plants, which cannot compete in the free market.

/ January 19, 2016