Regulators allow FirstEnergy bailout; consumers stuck with bill

Agreement to subsidize inefficient power plants forces consumers to buy more expensive power.

For immediate release

Contact: Michael Shields, 330.906.2062

The Public Utilities Commission of Ohio today voted to allow corporate subsidies for utility giants FirstEnergy and American Electric Power that are projected to cost Ohio electric users billions of dollars over the next eight years. The AEP deal commits the company to building substantial new wind power infrastructure