Thread by @cleantechfacts

Will #FERC follow up on its damning FirstEnergy audit by exercising its authority to assess fines of up to $1 million per day? $FE

FERC's power to assess fines of up to $1 million a day is stated in the instructions for completing Form 1 documentcloud.org/documents/7214… the reporting form where FirstEnergy "improperly" reported lobbying expenses, which resulted in misuse of ratepayer money documentcloud.org/documents/2119…

The FERC audit found evidence of an effort to conceal lobbying and policy expenses, some of which FirstEnergy has now admitted amounted to bribes, wrongly paid for with ratepayer money documentcloud.org/documents/2119…

FirstEnergy admitted to FERC's audit team that it "improperly" reported expenses for nearly 20 years documentcloud.org/documents/2119… so a FERC fine of up to $1 million a day could really pile

Here's a look at the factors FERC's Division of Investigations uses to determine if an investigation is warranted, which in the case of FirstEnergy already happened ferc.gov/investigations