Judge Certifies Class Action Against FirstEnergy re Nuke Bailout
Ohio’s House Bill (HB) 6 law granted billions (plural) of dollars to FirstEnergy in an attempt to prop up the company’s economically failing nuclear power plants. FirstEnergy bribed state legislators to pass, and keep passed, HB 6 by paying out $61 million to a small group of insiders, including the now-former Speaker of the House (see FirstEnergy Involved in Bribery Scheme to Pass $1B Nuke Bailout Law). It is the biggest bribery scandal in Ohio history. HB 6 empowered FirstEnergy to add a new charge to the electric bills for all ratepayers, on the theory subsidizing nuke plants was a good thing because nukes don't create carbon dioxide emissions (that extra charge has since been overturned). A group of FirstEnergy ratepayers sued after the scandal broke, and a federal judge has just certified a class action against the company.
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