Thursday, April 28, 2016

Federal Regulators Stand Up for Customers, Fair Electricity Market

<> Federal Regulators Stand Up for Customers, Fair Electricity Market - The Federal Energy Regulatory Committee overturned the Public Utilities Commission of Ohio's decision to grant subsidy requests from Ohio-based utility giants AEP and FirstEnergy -- their bailout proposals would have forced Ohio customers to bail out old, inefficient power plants for the next eight years at an estimated cost of $6 billion.