Akron-based FirstEnergy will be reporting its political spending on its website in the future, after New York-based shareholders sought to ensure the company disclosed both its political and lobbying spending in the wake of a bribery investigation.
Several bills have been introduced in the Ohio House and Senate to tackle the controversial nuclear power plant bailout law. The measures range from a partial repeal to a complete revoking of HB6, which is currently at the center of a $61 million federal bribery investigation.
FirstEnergy has filed a report with the Securities and Exchange Commission saying it has identified improper transactions that date back as far as 10 years ago. The large electric company says these transactions include amounts collected from customers.
The U.S. Attorney for the Southern District of Ohio has submitted his resignation. David DeVillers is one of 56 U.S. Attorneys appointed by former President Trump asked to resign by the Biden administration’s Department of Justice.
A dark money group has reached a plea deal in the federal corruption case involving former Ohio House Speaker Larry Householder (R-Glenford), the former chair of the Ohio GOP and a utility widely believed to be FirstEnergy.
FirstEnergy will be ending its controversial monthly "decoupling" fee, which guarantees a profit for the company. Attorney General Dave Yost says getting rid of decoupling is another step towards dismantling provisions created in the scandal-plagued nuclear bailout law, HB6.
The Ohio Senate is holding hearings on a new bill that addresses an old issue, the nuclear power plant bailout law at the center of a $61 million federal bribery case. While the attempt to repeal the controversial energy bill known as HB6 fell through at the end of last year, lawmakers are still looking at chipping away at the legislation.
The $61 million bribery scandal involving Ohio's nuclear plant bailout law and a utility widely believed to be FirstEnergy has brought new attention to the commission that regulates utilities. The chair of the Public Utilities Commission of Ohio resigned in November after an FBI raid on his home.
An upcoming audit could reveal whether FirstEnergy improperly used ratepayer money to funnel millions of dollars to an alleged unlawful conspiracy to pass and defend the state’s coal and nuclear bailout law.
Documents made available last week show how House Majority Floor Leader Bill Seitz (R-Cincinnati) championed gutting Ohio’s clean energy standards in the state’s 2019 coal and nuclear bailout law. Seitz has since served as a force against repeal.
Ohio's new General Assembly starts two years of work on Monday, and there's an uncertain future for Larry Householder. The Republican former House Speaker faces a massive federal bribery indictment, but he remains a state lawmaker after winning reelection last fall.