FirstEnergy Corp. announced that the Public Utilities Commission of Ohio (PUCO) has approved a settlement agreement providing $275 million in restitution and refunds to customers of Ohio Edison, The Illuminating Company, and Toledo Edison.
The PUCO’s decision resolves four regulatory proceedings, including the Corporate Separation Rider, Rider DMR, Rider DCR matters from November 19, 2025 orders, and a review of political and charitable spending. Under the settlement, $250 million will be returned directly to customers with an additional $5 million in credits for residential customers.
Residential customers using 1,000 kWh per month are expected to receive about $65.61 in bill credits over three months. The agreement also allocates $20 million for programs supporting low-income bill assistance, weatherization, and energy-efficiency initiatives.
Torrence Hinton, President of FirstEnergy Ohio, stated: “This agreement is a major step that allows us to move past legacy issues while showing our commitment to putting customers first and working transparently with regulators and stakeholders. With these proceedings resolved, we are focused on delivering value today and investing $14 billion in our Ohio transmission and distribution infrastructure, workforce and facilities through 2029 to build a stronger, more resilient energy future for the state.”
Based on the settlement combined with proposed impacts from the November 19 PUCO rate review order—pending final approval—residential customers using 1,000 kWh per month could see average monthly bill changes compared to January 2026 bills as follows:
– Toledo Edison: decrease of $17.81 per month
– Ohio Edison: decrease of $13.27 per month
– The Illuminating Company: decrease of $1.02 per month
When temporary credits expire, estimated monthly bill impacts compared to January 2026 will be:
– Toledo Edison: decrease of $3.08 per month
– Ohio Edison: increase of $2.42 per month
– The Illuminating Company: increase of $13.69 per month
FirstEnergy operates as one of the largest investor-owned electric systems in the United States. It provides service to more than six million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York according to its official website. The company manages approximately 24,000 miles of transmission lines along with a broad electricity distribution network across several states.
FirstEnergy emphasizes corporate responsibility through environmental efforts and community initiatives as outlined on its website. The company has been recognized for compliance leadership as well as military-friendly practices according to official sources.
Forward-looking statements in this announcement note that actual results may differ due to various risks or uncertainties.
For more information about FirstEnergy’s operations or customer support services visit their official website or follow them on X @FirstEnergyCorp.
