Ohio utility regulators impose $250M fine on FirstEnergy for HB 6 violations
PUCO orders FirstEnergy to pay $179.99 million in customer refunds and $70.71 million in civil forfeitures for misusing funds tied to the HB6 bribery scandal.
- Ohio utility regulators ordered Akron-based FirstEnergy to pay over $250 million in fines and refunds for its role in a Statehouse bribery scandal.
- The punishment includes nearly $187 million to be returned to FirstEnergy customers and $180 million in penalties for misusing fees meant for grid modernization.
- Regulators said the order sends a message that corruption by utilities will not be tolerated and aims to rebuild public trust in FirstEnergy.
25 Articles
25 Articles
Ohio regulators order $250 million penalty against FirstEnergy for role in bribery scandal
Ohio utility regulators ordered FirstEnergy to pay about $250 million for its role in the House Bill 6 bribery scheme, including $180 million in customer restitution and major penalties tied to ex-PUCO chair Sam Randazzo.
Ohio regulators order $250 million penalty against FirstEnergy for role in bribery scandal
Smart energy meter. (Stock photo via Getty Images) Ohio utility regulators handed down a quarter billion-dollar penalty Wednesday against FirstEnergy for its part in the Ohio House Bill 6 political bribery and utility bailout scandal. The Public Utility Commission of Ohio decision comes more than five years after former Ohio House Speaker Larry Householder was indicted, and the Ohio Consumers’ Counsel sought a review of FirstEnergy’s conduct. Oh…
FirstEnergy ordered to pay more than $250 million for misconduct in sweeping Ohio bribery scheme
Ohio utility regulators have ordered Akron-based FirstEnergy to pay over $250 million in fines, restitution and refunds for its misconduct in a sweeping bribery scandal whose fallout continues five years on. The Public Utilities Commission of Ohio's Wednesday action includes…
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