The Ohio attorney general is urging a court to halt a “criminally offensive” $102 million fee FirstEnergy Corp. received through a controversial bill at the center of a political corruption probe.
The fee, known as a “decoupling mechanism,” is a policy widely adopted across at least 31 states intended to separate a utility’s revenue from its energy generation in order to incentivize efficiency. However, Ohio Attorney General Dave Yost (R) in a Wednesday court filing sought an end to the fee.
Yost’s preliminary injunction motion is part of his suit seeking to undo House Bill 6’s nuclear subsidies for Energy...