COLUMBUS, Ohio (AP) – The Supreme Court of Ohio has rejected a 2017 ruling by state regulators that allowed FirstEnergy to charge an additional fee to be used for the modernization of the power grid.
In a 4-3 decision Wednesday, the court coincided with the environment and consumer groups who had challenged the so-called distribution modernization rider to the firsternergy rate plan.
The temporary surcharge has generated between $ 204 million and $ 168 million annually since 2017. Homeowners spend an average of 750 kilowatt-hours of electricity a month paying $ 30 more a year to cover the cost.
The court said it was the "wish list" of the Public Utilities Commission of Ohio employees to assume that the money would be used as intended since
A spokesman said FirstEnergy is evaluating its options.