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Settlement Reached in Multiple PUCO FirstEnergy Proceedings
FirstEnergy Corp.'s Ohio electric companies – Ohio Edison, Toledo Edison and The Illuminating Company – have reached an agreement with parties to settle multiple Public Utilities Commission of Ohio (PUCO) matters and provide $275 million to FirstEnergy's Ohio customers.
About this update from Firstenergy Corp.
[{"type":"text","content":"Settlement provides $275 million to FirstEnergy Ohio customers ","length":67,"tagName":"p","attribs":{}},{"type":"text","content":"AKRON, Ohio, Dec. 19, 2025 /PRNewswire/ -- FirstEnergy Corp.'s Ohio electric companies – Ohio Edison, Toledo Edison and The Illuminating Company – have reached an agreement with parties to settle multiple Public Utilities Commission of Ohio (PUCO) matters and provide $275 million to FirstEnergy's Ohio customers.","length":321,"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 settlement resolves four PUCO proceedings – the Corporate Separation, Rider DMR and Rider DCR matters that were the subjects of the PUCO's Nov. 19 orders and the pending Political and Charitable Spending review. The PUCO's Nov. 19 orders directed the companies to pay $250 million, with $64 million going to the state general fund. If approved by the PUCO, the settlement will direct all $250 million to all customers and add $25 million exclusively for residential customers.","length":488,"tagName":"p"},{"type":"text","content":"Torrence Hinton, FirstEnergy President, Ohio: "We appreciate the dedication and collaboration shown by all parties and are grateful for the collective effort that led to an agreement that provides even more dollars to our Ohio customers. With these matters reaching resolution, we're moving ahead with a clear focus on operating with transparency, delivering reliable service and investing in Ohio communities."","length":425,"tagName":"p"},{"type":"text","content":"Key Settlement Details Settlement provisions include:","length":59,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","conte...