Ohio Attorney General Announces Agreement to Stop Money Flowing from House Bill 6 to FirstEnergy

FirstEnergy has agreed to give up what could have been a $120 million windfall in 2021, and Ohio put on hold its ongoing lawsuit relating the state’s nuclear bailout law.

Ohio Attorney General Dave Yost announced Monday what he called a “big win” for state consumers when the energy company said it would forego a provision in the law that guaranteed FirstEnergy the ability to recapture yearly profits based on its profit numbers from 2018.

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