Backlash in West Virginia Over FirstEnergy Subsidy Scheme
Linda Harris for the (West Virginia) State Journal: Mon Power spokesman Todd Meyers insists it’s premature to even be talking about a plant acquisition because no request has been filed with the PSC....
View ArticleIEEFA West Virginia: A Utility Double-Talks Itself Into a Corner as It Seeks...
After gaining approval from regulators for a $600 million bailout in Ohio, FirstEnergy turns to West Virginia for its next ratepayer-subsidized relief act. The company is orchestrating the sale of its...
View ArticleFirstEnergy Pushes Ahead With Plan for Ratepayers to Subsidize West Virginia...
Andrew Brown for the Charleston (W.V.) Gazette: Shareholders for FirstEnergy saw the company lose $1.1 billion over a three-month period earlier this year, and executives with the coal-laden electric...
View ArticleQuestions Mount on FirstEnergy Subsidy Scheme for West Virginia Power Plant
Linda Harris for the (West Virginia) State Journal: Public interest groups across the state contend the utility’s RFP is anything but transparent. Groups like WV Sun and Energy Efficient WV suggest the...
View Article‘Regulatory Battle’ Seen Around FirstEnergy’s Push to Put West Virginia Power...
Darren Sweeney for SNL: Monongahela Power Co.’s search for 1,300 MW of generation capacity to fill an expected capacity shortfall seems routine on its face, but a long and contentious battle is likely...
View ArticleRising Opposition in West Virginia to FirstEnergy’s Scheme to Shift Risk to...
Charleston Gazette: Groups opposing the purchase of the FirstEnergy-owned Pleasants Power Station by subsidiaries Mon Power and Potomac Edison have made their case known to the Federal Energy...
View ArticleMore Questions on FirstEnergy Scheme in West Virginia
State Journal (West Virginia): According to multiple sources, including West Virginians For Energy Freedom Coalition and the Institute for Energy Economic and Financial Analysis, Ohio-based...
View ArticleIEEFA West Virginia: If Power Plant Is So Valuable, Why Is FirstEnergy...
If its Pleasants Power Station is as valuable as FirstEnergy Corp. has told the West Virginia Public Service Commission that it is, why is the company so determined to push the ownership risks of it...
View ArticleFirstEnergy, Failing on Its Own, Seeks a Multimillion Hand Up Now From Customers
Parkersburg (W.V.) News & Sentinel: The first of three hearings in front of the West Virginia Public Service Commission is scheduled for this Wednesday at 6 p.m. in Parkersburg City Council...
View ArticleTestimony: FirstEnergy Takeover of West Virginia Plant Would Cost Customers...
Gazette Mail (Charleston): A proposed deal for FirstEnergy subsidiaries to acquire a coal-fired power plant would likely cost customers $470 million over the next 15 years, according to testimony from...
View ArticleWest Virginia Weighs FirstEnergy’s Bid to Pass Risk to Ratepayers
Charleston Gazette: The state Public Service Commission began to hear testimony Tuesday in a hotly contested and controversial case over FirstEnergy’s effort to transfer one of its coal-fired power...
View ArticleOp-Ed: FirstEnergy Plan for West Virginia Plant Would Have Ratepayers Foot...
Charleston Gazette-Mail: There’s an old saying that goes, “Fool me once, shame on you. Fool me twice, shame on me.” The West Virginia Public Service Commission will soon make a decision that reveals...
View ArticlePleasant Prairie Plant in Wisconsin Will Close in 2018
Milwaukee Journal: On Tuesday, Milwaukee-based WEC Energy Group announced it was closing the plant permanently in the second quarter of 2018 as the company moves to cheaper natural gas and other energy...
View ArticleFirstEnergy’s Pleasants Plant Deal would Hurt Competitiveness in West Virginia
West Virginia Gazette Mail: As Mon Power and Potomac Edison await approval to buy a Pleasants County power plant, an analysis backed by opposition parties says manufacturers, schools and hospitals in...
View ArticleIEEFA Update: In Ruling Against Another Bailout Scheme by FirstEnergy, FERC...
By rejecting a bailout maneuver last week in West Virginia by Ohio-based FirstEnergy, the Federal Energy Regulatory Commission last week ended up protecting Mon Power and Potomac Edison customers from...
View ArticleIEEFA Update: A Case That Suggests Regulators Are Tiring of Campaigns to Bail...
It’s to the benefit of ratepayers that FirstEnergy this week announced that it will drop its scheme to transfer the Pleasants Power Station from deregulated subsidiary Allegheny Energy Supply to West...
View ArticleIEEFA Update: Failed Coal-Plant Deal in West Virginia Is in Ratepayers’ Best...
As FirstEnergy prepares to either sell the Pleasants Power Station in West Virginia or deactivate it, the question now becomes whether the company and the state will come up with a good plan to help...
View ArticleFirstEnergy asks bankruptcy court for approval to shed liabilities for...
Plain Dealer: CLEVELAND, Ohio — FirstEnergy’s share price hit a 52-week high Thursday morning as news of its proposed “definitive settlement” with its bankrupt subsidiary FirstEnergy Solutions spread...
View ArticleFirstEnergy tries again to push Pleasants coal plant off its books
Energy News Network: FirstEnergy wants to transfer a West Virginia coal plant into its bankrupt subsidiary’s portfolio, but the justification for the move is in doubt as the company seeks other coal...
View ArticleBacklash in West Virginia Over FirstEnergy Subsidy Scheme
Linda Harris for the (West Virginia) State Journal: Mon Power spokesman Todd Meyers insists it’s premature to even be talking about a plant acquisition because no request has been filed with the PSC....
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