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Where did ~$250 million go? Rate hike funds still unaccounted for in FirstEnergy Bankruptcy
By Kathiann M. Kowalski Ohio ratepayers have paid FirstEnergy’s utilities roughly a quarter of a billion dollars since January 2017 under a distribution modernization rider. Now, critics say FirstEnergy is stalling on saying just what it’s doing with that money, which regulators approved without any requirements that it pay for specific projects. The mandate for…
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Ohio nuclear plants get stricter scrutiny after safety system problems
By Kathiann M. Kowalski Federal regulators are watching the Davis-Besse and Perry nuclear plants in Ohio more closely after problems with backup systems surfaced at both sites within the last year. Speaking at a meeting about the Davis-Besse plant last month, Nuclear Regulatory Commission representatives seemed satisfied that appropriate measures had been taken and said…