FERC

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.  

photo of FirstEnergy building
TIM RUDELL / WKSU

Federal regulators have blocked Akron-based FirstEnergy and Columbus-based American Electric Power from imposing controversial rate hikes  on customers to bring in money for struggling coal and nuclear plants.

The Federal Energy Regulatory Commission says the deals that state regulators approved last month for FirstEnergy and AEP aren’t valid unless they get federal approval. Among those celebrating is Todd Snitchler, who’s with a group of electricity generators that opposed the utilities plans.

Pages