Dave Anderson Profile picture
Feb 9, 2022 5 tweets 3 min read Read on X
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

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More from @cleantechfacts

Sep 12, 2022
FirstEnergy's current CEO Steven Strah continues to be haunted by allegations that he signed checks to Generation Now, the dark money that plead guilty to racketeering in connection with the House Bill 6 bribery scheme in Ohio. FirstEnergy denies the allegations (thread)
"According to the FBI Affidavit supporting the criminal complaint against [Larry] Householder... [Steven} Strah personally signed checks for payments into the illegal bribery scheme," a proposed complaint filed by a FirstEnergy shareholder in Aug. alleged documentcloud.org/documents/2227…
As previously reported by @EnergyandPolicy Strah fit the FBI's description of a FirstEnergy (Company A) executive who signed checks to Generation Now. Strah was a Senior VP and CFO when some of the payments were made, and then became president energyandpolicy.org/firstenergy-st…
Read 10 tweets
Sep 12, 2022
The Ohio Consumer Lending Association paid $40,000 to support United for Clean Power (yes, the same dark $ group behind this year's anti-Inflation Reduction Act ad campaign) in 2018, @jake_zuckerman reveals ohiocapitaljournal.com/2022/09/12/a-c… And yes, there's a FirstEnergy connection #IRA
In 2018, the Ohio Consumer Lending Association was mad at a GOP state rep. for pushing legislation to reform the payday lending industry and protect consumers, so it secretly paid United for Clean Power for attack ads targeting that state rep.
A payday loan company executive attributed the decision to fund United for Clean Power to Neil Clark, the lobbyist who later took his own life after (separately) being indicted in connection with FirstEnergy's House Bill 6 bribery scheme in Ohio ohiocapitaljournal.com/2022/09/12/a-c…
Read 12 tweets
Sep 12, 2022
FirstEnergy has a tolling agreement (when co-defendants in litigation agree not to sue each other for mutual beneficial reasons) w/former VP of external affairs Michael Dowling, who was fired in connection with the utility’s HB 6 bribery scheme in Ohio documentcloud.org/documents/2227…
FirstEnergy revealed the tolling agreement in a filing seeking to prevent the appointment of a new lead plaintiff in a shareholder derivatives action re: the HB 6 bribery scheme documentcloud.org/documents/2227…
FirstEnergy also revealed for the first time it is trying to recoup compensation from Dennis Chack, a third former executive who was fired in 2020 along with Dowling and former CEO Charles Jones documentcloud.org/documents/2227…
Read 5 tweets
Aug 22, 2022
FirstEnergy has identified Cleveland-area businessman Tony George as "Individual B" in the Deferred Prosecution Agreement where the utility admitted it secretly paid $60~ million to influence now-indicted former Ohio House Speaker Larry Householder documentcloud.org/documents/2215…
FirstEnergy assistant controller Tracy Ashton first identified George as "Individual B" during a deposition in a shareholder lawsuit, a transcript of the deposition made public by @OCC4Consumers + others on Friday revealed. Find the full transcript here: dis.puc.state.oh.us/DocumentRecord…
FirstEnergy misused millions of dollars from Ohio ratepayers for payments to entities associated with Tony George, a @PUCOhio-ordered audit found last year. The audit did not include why FirstEnergy itself flagged these payments as improper @jpelzer cleveland.com/open/2021/08/h…
Read 17 tweets
Aug 14, 2022
Nineteen years ago today, FirstEnergy’s failures caused the devastating August 14, 2003 blackout energy.gov/sites/default/…
FirstEnergy caused the 2003 blackout not long after it misled the NRC about safety conditions at the Davis-Besse nuclear plant in Ohio, as a DOJ investigation later concluded justice.gov/archive/opa/pr…
At the time of the 2003 blackout, FirstEnergy was also caught in a scandal that ultimately led to the resignation of Ohio’s state consumer advocate Robert Tongren mytownneo.com/story/news/loc…
Read 5 tweets
Jul 21, 2022
A preliminary settlement between FirstEnergy and Ohio ratepayers who filed a RICO lawsuit re: the multi-million House Bill 6 bribery scheme quietly grew from $37.5 million to $49 million when Energy Harbor joined the settlement last month
documentcloud.org/documents/2210…
The $11.5 settlement Energy Harbor, formerly FirstEnergy Solutions, reached with the ratepayer plaintiffs may be the first time the former FirstEnergy has paid a price for its role in the HB 6 bribery scheme.
FirstEnergy Solutions played a big role in the House Bill 6 bribery scheme energyandpolicy.org/firstenergy-so…
Read 4 tweets

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