Overview
- Ohio Edison, The Cleveland Electric Illuminating Co., and Toledo Edison filed a stipulation proposing $275 million in customer relief with the Public Utilities Commission of Ohio.
- If approved, the agreement would close four major PUCO investigations and several related complaints tied to HB 6 misconduct.
- The proposal increases a prior tentative $250 million deal by $25 million and directs all funds to customers rather than splitting money with the state.
- Most of the money would be issued as bill refunds, with about $10 million for home weatherization programs and about $10 million for utility bill assistance.
- The Office of the Ohio Consumers’ Counsel backed the plan, saying it returns money to consumers and prevents customers from paying for corporate misconduct.