December 3, 2018
The Public Utilities Commission of Ohio has set forth a comment schedule concerning a final report from the SAGE Management Consultants, LLC (SAGE) on a Compliance Audit of the FirstEnergy Operating Companies (including the Ohio regulated utilities, or Ohio Companies) with the Corporate Separation…
Click for More
October 29, 2018
An attorney examiner for the Public Utilities Commission of Ohio granted FirstEnergy Solutions Corp. (FES) an extension of its existing retail electric supplier certificate that was set to expire on November 2, 2018.
Click for More
October 23, 2018
FirstEnergy Solutions Corp. (FES) sought from the Public Utilities Commission of Ohio a 120-day extension of its certificate as a Competitive Retail Electric Service Provider, Renewal Certificate Number 00- 11E(9) ('Certificate'), through March 2, 2019.
Click for More
August 29, 2018
FirstEnergy Solutions informed a bankruptcy court that it did not receive any qualified bids (other than the qualified bid submitted by the Stalking Horse Purchaser, which is Constellation) for its retail customer book prior to a bid deadline.
Click for More
August 3, 2018
During an Exelon earnings call yesterday, James McHugh, CEO of Constellation, discussed the company's approach to potential retail acquisitions in ERCOT given summer volatility
Click for More
July 10, 2018
Agreement Is Stalking Horse, Opportunity For Other Bidders
Note: This story was first published the evening of July 10 with an alert to our email subscribers
Click for More
June 28, 2018
The Pennsylvania PUC denied a request for reconsideration from FirstEnergy Solutions (FES) which had sought reconsideration of a Secretarial Letter issued on April 18, 2018, by the Commission’s Bureau of Technical Utility Services (TUS or Staff), which had raised FES's financial security level from…
Click for More
May 25, 2018
FirstEnergy Solutions (FES) said that none of its three nuclear plants, with combined capacity of 4,048 megawatts, received a commitment in the PJM 2021/22 Base Residual Auction
Click for More
May 15, 2018
Report Says Prior Assignment Of FirstEnergy Solutions Retail Supply Sales Responsibility To FirstEnergy Service Company, "Highly Inappropriate"
A final report from the SAGE Management Consultants, LLC (SAGE) on a Compliance Audit of the FirstEnergy Operating Companies (including the Ohio regulated utilities, or Ohio Companies) with the Corporate Separation Rules of the Public Utilities Commission of Ohio (PUCO) says that a prior assignment…
Click for More
May 7, 2018
FirstEnergy Solutions said in response to a request for information from the Public Utilities Commission of Ohio concerning its operations during its bankruptcy that it plans to keep enrolling new customers
Click for More
April 5, 2018
PUC Says It "Cannot Guarantee" FES Customer Contracts Won't Be Impacted By Bankruptcy
The Public Utilities Commission of Ohio initiated a proceeding to, "protect Ohio consumers from any adverse impacts due to the recent filing by FirstEnergy Solutions Corp. of a petition for reorganization under Chapter 11 of the United States Bankruptcy Code."
Click for More
April 2, 2018
The Public Utilities Commission of Ohio (PUCO) has disclosed the winning suppliers from AEP Ohio’s March 2018 wholesale auction that will, when blended with other auction results, determine the utility's default generation rates beginning June 1, 2018.
Click for More
April 2, 2018
FirstEnergy Solutions (FES), its subsidiaries and FirstEnergy Nuclear Operating Company (FENOC) (together, the "Filing Entities") announced that, "to facilitate an orderly financial restructuring, they have filed voluntary petitions under Chapter 11 of the Federal Bankruptcy Code with the U.S.…
Click for More
March 8, 2018
NOPEC announced that its nearly 500,000 electric customers will receive a reduced rate on the generation portion of their electric bills this spring, or separate mailed checks, reflecting $9 million in rate credits.
Click for More
February 23, 2018
The Public Utilities Commission of Ohio (PUCO) has disclosed the winning bidders in the Jan. 29, 2018 auction for default service supplies at the FirstEnergy Ohio utilities for the period beginning June 1, 2018
Click for More
February 21, 2018
Details Declining Retail Sales Volumes in Earnings Report
FirstEnergy Corp. announced a series of management changes at its various operating segments, and has also reported fourth-quarter and full-year earnings
Click for More
February 8, 2018
A February 5 RFP to secure a retail supplier (or suppliers) to serve 100% of Percentage of Income Payment Plan (PIPP) load at the FirstEnergy Ohio EDCs had zero confirming bids submitted, and no load was awarded in the auction
Click for More
December 21, 2017
The Public Utilities Commission of Ohio (PUCO) has disclosed the winning suppliers from AEP Ohio’s November 2017 wholesale auction that will, when blended with other auction results, determine the utility's default generation rates beginning June 1, 2018.
Click for More
November 21, 2017
FES Says OCC Petition Based On Speculation And Conjecture
Requiring FirstEnergy Solutions to send its retail customers notices about a hypothetical bankruptcy filing that FES could potentially undertake in the future, "would needlessly instill fear and concern among FES customers and harm the CRES [competitive retail electric service] market," FirstEnergy…
Click for More
November 7, 2017
"In light of recent statements by the corporate parent of FirstEnergy Solutions ('FES') that FES likely will file for bankruptcy at some point, the Public Utilities Commission of Ohio ('PUCO') should address in advance how FES's consumers will be protected if or when a bankruptcy filing is made,"…
Click for More
November 2, 2017
The Public Utilities Commission of Ohio (PUCO) has disclosed the winning bidders from the FirstEnergy EDCs’ October 2017 wholesale default service auction that will ultimately determine its standard service offer through May 2021.
Click for More
October 30, 2017
During an earnings call on Friday, FirstEnergy CEO Chuck Jones said that the company's decision to transition to a fully regulated company, completely exiting the merchant business, would not change as the result of any outcome from a DOE-proposed NOPR at FERC which proposes various cost-based…
Click for More
October 11, 2017
FirstEnergy Service Company ("Service Company"), filed a petition at FERC requesting that the Commission waive specified portions of 18 C.F.R. §§ 35.39 and any other rules and regulations as may be necessary, to allow Service Company to establish a centralized RTO interface services group to provide…
Click for More
July 31, 2017
FirstEnergy Corp. management is scheduled to have discussions with FirstEnergy Solutions (FES) creditors this week, FirstEnergy Corp. CEO Chuck Jones said during an earnings call on Friday
Click for More
July 28, 2017
Consistent with its previously reported strategy to reduce competitive retail sales, FirstEnergy reported that FirstEnergy Solutions saw a net decline of 70,000 retail customers from March 31, 2017 to June 30, 2017, the company said in reporting earnings today
Click for More