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Two companies created by the former head of the state’s utilities regulating panel to take bribes from FirstEnergy have made a deal with the state to close out proceedings against them.
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FirstEnergy has agreed to pay a $100 million fine to settle civil fraud charges from the SEC, but the federal agency will go ahead with civil fraud charges against the utility’s former top executive.
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State utility regulators at the Public Utilities Commission of Ohio approved $105 million in coal plant subsidies enabled by the corrupt House Bill 6.
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FirstEnergy won’t face state criminal charges in the investigation into the $60 million bribery scheme surrounding the nuclear power plant bailout law House Bill 6.
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The deal is the latest in the $60 million bribery scheme that involved Republican former speaker Larry Householder and former Ohio Republican Party chair Matt Borges, who are both in federal prison.
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House Bill 363 would require consumer representation on the Public Utilities Commission of Ohio. Its sponsor, Cleveland-area state Rep. Daniel Troy said the bill is necessary to bring more balance to the regulatory body that's grown too close to the industry it’s supposed to regulate.
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The First Energy Accountability Coalition is asking Ohio Attorney General Dave Yost to pull the plug on Akron-based FirstEnergy. Its members hope to get his attention at a rally Wednesday at the Statehouse.
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Former Republican Ohio House Speaker Larry Householder will be arraigned from federal prison on the 10 new felony counts recently brought against him by the state, as revelations mount surrounding the scandal that landed him there.
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Ohio state Rep. Lauren McNally (D-Youngstown) introduced a bill that would increase consumer protections and transparency in the regulation of utilities in Ohio.
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Jenifer French was appointed as Public Utilities Chair of Ohio in 2021. Sam Randazzo, former head of the PUCO, died of apparent suicide earlier this year after he was indicted for bribery.