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PUCO Approves FirstEnergy Settlement, Delivering Customer Benefits
FirstEnergy Corp. (NYSE: FE) announced that the Public Utilities Commission of Ohio (PUCO) has approved a comprehensive settlement agreement that will deliver $275 million in restitution and refunds to Ohio Edison, The Illuminating Company and Toledo Edison customers.
About this update from Firstenergy Corp.
[{"type":"text","content":"AKRON, Ohio, Jan. 8, 2026 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced that the Public Utilities Commission of Ohio (PUCO) has approved a comprehensive settlement agreement that will deliver $275 million in restitution and refunds to Ohio Edison, The Illuminating Company and Toledo Edison customers.","length":310,"tagName":"p"},{"type":"image","alt":"FirstEnergy Corp. Logo (PRNewsfoto/FirstEnergy Corp.)","displaySize":"","headline":null,"caption":"FirstEnergy Corp. Logo (PRNewsfoto/FirstEnergy Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":156,"url":"https://media.zenfs.com/en/prnewswire.com/2a99b577b4d2ad4d6d7492945c9a5732"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/bX6S.Xffy384KN5ZiA4dHg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/2a99b577b4d2ad4d6d7492945c9a5732","width":400,"height":156}},"href":"https://mma.prnewswire.com/media/543843/FirstEnergy_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The PUCO's approval of the collaborative settlement represents a significant step forward for FirstEnergy and the communities we serve. The agreement resolves four regulatory proceedings — the Corporate Separation Rider, Rider DMR and Rider DCR matters addressed in the PUCO's Nov. 19, 2025 orders, as well as the pending review of Political and Charitable Spending — and returns $250 million directly to customers. The settlement also adds an additional $5 million in credits specifically for residential customers.","length":524,"tagName":"p"},{"type":"text","content":"As a result, the average residential customer using 1,000 kWh per month is expected to receive approximately $65.61 in bill credits over three months. The settlement also dedicates $20 million to programs that support residential customers through low‑income bill assistance, weatherization and energy‑efficiency initiatives.","length":325,"tagName":"p"},{"type":"text","content":"Torrence Hinton, FirstEnergy President, Ohio: "This agreement is a major step that allows us to move past legacy issues while showing our commitment to putting customers first and working transparently with regulators and stakeholders. With these proceedings resolved, we are focused on delivering value today and investing $14 billion in our Ohi...