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FirstEnergy's $600M Ohio Subsidy Improper, Court Says

By Michael Phillis (June 20, 2019, 9:33 PM EDT) -- A divided Ohio Supreme Court said the state's utility regulator shouldn't have approved a $600 million subsidy for FirstEnergy Co. because it allowed the company to collect that money from ratepayers without properly tying the funds to investments in the power grid.    ...

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