FirstEnergy to credit $43.3 million back to customers - WFMJ.com News weather sports for Youngstown-Warren Ohio

FirstEnergy to credit $43.3 million back to customers

Posted: Updated:

COLUMBUS, Ohio (AP) - Ohio utility regulators have ordered FirstEnergy to credit $43.3 million back to customers that the company overcharged them for renewables purchases in Ohio's developing alternative energy market.

The Public Utilities Commission of Ohio voted unanimously on the order Wednesday, for the first time putting a dollar figure on excess costs the Akron-based utility passed on to customers. The company has the right to appeal.

Portions of audits detailing estimates of the overcharges have been blocked from public view because of confidentiality claims by the company, and PUCO Chairman Todd Snitchler said those figures will remain secret.

He said he is confident in the figure arrived at in Wednesday's order. An earlier estimate by an environmental group put the excess payments between $96 million and $126 million.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More From wfmj.comHot ClicksMore>>

  • Want an evening out with Trump Jr? You're probably too late

    Want an evening out with Trump Jr? You're probably too late

    Thursday, February 22 2018 7:49 PM EST2018-02-23 00:49:15 GMT
    (AP Photo). The eldest son of U.S. President Donald Trump, Donald Trump Jr. , center, stands in front of Trump Towers after its inauguration in Pune, India, Wednesday, Feb. 21, 2018. Donald Trump Jr. said any talk that his family was profiting from his...(AP Photo). The eldest son of U.S. President Donald Trump, Donald Trump Jr. , center, stands in front of Trump Towers after its inauguration in Pune, India, Wednesday, Feb. 21, 2018. Donald Trump Jr. said any talk that his family was profiting from his...
    Want an evening out with Donald Trump Jr.? Sorry, even if you have an extra $39,000 it's probably too late to buy a "conversation and dinner" with the eldest son of the American president as he visits India.More >>
    Want an evening out with Donald Trump Jr.? Sorry, even if you have an extra $39,000 it's probably too late to buy a "conversation and dinner" with the eldest son of the American president as he visits India.More >>
  • Trump comments points to deep divisions over arming teachers

    Trump comments points to deep divisions over arming teachers

    Thursday, February 22 2018 7:46 PM EST2018-02-23 00:46:28 GMT
    (AP Photo/Carolyn Kaster). From left, President Donald Trump, Marjory Stoneman Douglas High School student students Carson Abt, and Ariana Klein, listen as Carson's father Frederick Abt, speaks during a listening session with high school students, teac...(AP Photo/Carolyn Kaster). From left, President Donald Trump, Marjory Stoneman Douglas High School student students Carson Abt, and Ariana Klein, listen as Carson's father Frederick Abt, speaks during a listening session with high school students, teac...
    In the aftermath of yet another mass shooting inside a school, Trump says that if one of the victims had been armed "he would have shot and that would have been the end of it.".More >>
    In the aftermath of yet another mass shooting inside a school, Trump says that if one of the victims had been armed "he would have shot and that would have been the end of it.".More >>
  • Book Trump? Interest groups press case at his properties

    Book Trump? Interest groups press case at his properties

    Thursday, February 22 2018 7:39 PM EST2018-02-23 00:39:28 GMT
    (AP Photo/Alex Brandon, File). FILE - In this Dec. 21, 2016, file photo, the Trump International Hotel in Washington. Special interests are holding meetings at properties owned by President Donald Trump, putting money in his pockets as they seek to inf...(AP Photo/Alex Brandon, File). FILE - In this Dec. 21, 2016, file photo, the Trump International Hotel in Washington. Special interests are holding meetings at properties owned by President Donald Trump, putting money in his pockets as they seek to inf...
    Quid pro Trump? Special interests are holding meetings at properties owned by President Trump, putting money in his pockets as they seek to influence his administration.More >>
    Quid pro Trump? Special interests are holding meetings at properties owned by President Trump, putting money in his pockets as they seek to influence his administration.More >>
Powered by Frankly
All content © Copyright 2000 - 2018 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms