coal plants

photo of Sammis plant
FIRSTENERGY

Here are your morning headlines for Wednesday, Jan. 10:

photo of utilities budget provision
OHIO SENATE

Leaders in the House and Senate are on the brink of approving a provision that would allow power companies to add another fee to your electric bill. The idea is to boost the utilities’ credit ratings.

The line item in the budget would give the Public Utilities Commission of Ohio the authority to allow price hikes in order to raise a utility’s credit rating.

AEP photo of transmission lines
AEP

 State officials, utilities and other groups have worked on deregulating the energy market in Ohio for more than a decade. Now two major utility companies want to go back toward re-regulation after the feds nixed their temporary rate-hike plan.

photo of power transmission lines
WIKIMEDIA

It’s not every day that a group known for defending the free market celebrates federal intervention. But a conservative group in Ohio is saying the feds made the right choice by blocking a temporary rate hike plan from AEP and FirstEnergy.  

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