FirstEnergy Customers to See Lower Rates This Coming Year - LOWER RATES COMING TO FIRSTENERGY CUSTOMERS
[Learn why PUCO put lower rates on your FirstEnergy monthly bills this coming year and how it helps you save on Ohio electricity.]_PUCO has ordered two FirstEnergy Ohio utilities to lower their rates on customer bills. Learn how much you may save this coming year._
Many FIRSTENERGY customers in Ohio struggled with rising energy bills last year. Thankfully, cheaper prices are around the corner. Recently, the PUCO slapped down a FIRSTENERGY request to raise electricity rates [https://www.ohenergyratings.com/ohio-electricity-rates-by-city]. Instead, it cut the company's $190 million income request and told it update its base rates. There's a lot to unpack so let's see how FIRSTENERGY customers may see lower rates this coming year.
WHY FIRSTENERGY RATES WILL LOWER
Earlier this year, FIRSTENERGY requested a $190 million [https://www.ohenergyratings.com/blog/amid-blackouts-and-scandal-firstenergy-seeks-190-million-rate-increase/] rate hike. The company explained it was to recover money spent on grid upgrades and raise income. But, the company's role in the HB [https://www.ohenergyratings.com/blog/puco-orders-refunds-to-first-energy-customers/]6 [https://www.ohenergyratings.com/blog/puco-orders-refunds-to-first-energy-customers/] scandal [https://www.ohenergyratings.com/blog/puco-orders-refunds-to-first-energy-customers/] did not help its rate request. In fact, PUCO had a...
