However, FirstEnergy, the parent company of Ohio Edison, is now adding a surcharge to customers who pay their monthly electric bill from their checking accounts. The new policy started in January.
Chuck Jones and a former senior vice president are the first FirstEnergy executives to face federal charges in a corruption probe tied to an Ohio energy
A former CEO and one of his top executives at an Ohio energy company have been indicted on federal racketeering charges.
Two former energy executives are charged in a racketeering scheme and turned themselves into federal authorities on Friday.
The same day Jon Husted was tapped to be Ohio’s next U.S. Senator, former FirstEnergy executives were indicted on federal racketeering charges
The revised price target reflects Jefferies' analysis of the company's growth prospects and the potential impact of external factors on its financial outlook. FirstEnergy (NYSE:FE)'s stock performance in the coming months may be influenced by the resolution of its Ohio cases and the company's ability to achieve its projected rate base growth.
The Sixth Circuit appeals court also upheld FERC's decision ending the extra return on equity in the state for American Electric Power and Dayton Power.
A federal grand jury has indicted Charles E. Jones, 69, of Akron and Michael Dowling, 60, of Massillon, on one count each of participating in a racketeering (RICO) conspiracy. According to the Southern District of Ohio,
FirstEnergy downgraded by Wolfe Research, seeing concerns on low-quality pension and coal earnings resurfacing, while the Ohio rate case remains an overhang.
Wolfe Research downgraded FirstEnergy (FE) to Peer Perform from Outperform with a $38-$43 fair value estimate. The firm sees concerns on
Utilities that provide electricity to the Mahoning and Shenango Valleys say they are preparing for this week’s frigid temperatures.
Two former FirstEnergy executives are charged in a racketeering scheme and turned themselves into federal authorities on Friday.