FirstEnergy Loses Fight Over Denial Of $230M Rate Hike

Law360, Philadelphia (October 1, 2013, 3:40 PM EDT) -- FirstEnergy Corp. was handed a loss in federal court on Monday after a judge agreed to dismiss a complaint alleging that a Pennsylvania Public Utility Commission decision preventing the company from charging customers for $230 million worth of electricity lost during transmission ran afoul of federal law.

U.S. District Court Judge James Gardner dismissed the complaint — which challenged a 2010 PUC decision that found that so-called line losses were properly characterized as a cost of power generation that could not be recouped through additional transmission...
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