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Serious Rates & Bills

FirstEnergy's $1.5B Grid-Mod Rider Approved: No Accounting for Prior Spending, No Earnings Test

Ohio regulators approved FirstEnergy's request to continue a grid-modernization rider worth $1.5 billion over five years, despite the HB6 bribery scandal and consumer advocates' objections that the utility never fully accounted for earlier rider spending.

The Monopoly Desk Mara Quinn · Jul 4, 2026