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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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