AEP CEO Nick Akins said that his company is innocent of wrongdoing in the alleged bribery scheme that resulted in the passage of Ohio H.B. 6, echoing a similar protestation by FirstEnergy CEO Charles Jones.

Ohio Gov. Mike DeWine said the state should repeal House Bill 6 in light of the federal bribery charges against House Speaker Larry Householder.

FirstEnergy spent $61 million in bribes and “dark money” to elect Ohio House Speaker Larry Householder and his allies, federal officials charged.

FirstEnergy promoted CFO Steve Strah to take over as president for Charles Jones, who will remain as CEO.

FirstEnergy remains confident in its earnings projections despite lower electricity demand and the likelihood of a recession from the coronavirus pandemic.

The Public Utilities Commission of Ohio approved Suvon, doing business as FirstEnergy Advisors, as a competitive retail electric service provider.

FERC approved FirstEnergy Solutions’ bankruptcy plan by allowing investment funds to convert secured and unsecured bond claims into a 50% equity stake.

FERC said its revised interpretation of accounting rules supports a rehearing request from developers of the abandoned PATH transmission project.

PJM’s Planning Committee will consider whether the RTO must develop document language to deal with mitigation of existing and future infrastructure.

PJM staff unveiled to the Planning Committee a proposed new fee structure for a more involved cost-containment process.