FirstEnergy is set to pay $19.5 million to resolve all litigation with the Ohio Attorney General and the Office of the Summit County Prosecutor related to the H.B. 6 bribery scandal. The agreement recognises FirstEnergy’s efforts to establish a highly effective compliance program and instill a culture of ethics at every level of the organization. The company has been assisting with the investigation into its role in H. B. 6, which included $1 billion in ratepayer support to two nuclear plants owned by a former FirstEnergy subsidiary. Sam Randazzo, the now-deceased former chairman of the Public Utilities Commission of Ohio, Charles Jones, and Michael Dowling, former First Energy CEO, were charged with several felony counts related to bribery, telecommunications fraud, money laundering and aggravated theft. In 2021, FirstEnergy will pay $230 million to settle an investigation by the U.S. Attorney’s Office for the Southern District of Ohio.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
