EC January 2018

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FERC says NO to FirstEnergy Pleasants sale
by frank young via EC 13 Jan '18

13 Jan '18

From: West Virginians For Energy Freedom [mailto:info@energyfreedomwv.org] Sent: Saturday, January 13, 2018 9:51 AM To: fyoung(a)mountain.net Subject: MAJOR NEWS: FERC says NO to FirstEnergy Pleasants sale THANK YOU FOR STANDING UP FOR WEST VIRGINIANS AND FOR ENERGY FREEDOM! Email not displaying correctly? <http://go.communitypowernetwork.org/webmail/126391/203402632/cb86e7159e3395…> View it in your browser. West Virginians For Energy Freedom logo <http://go.communitypowernetwork.org/l/126391/2017-03-06/3tttbv/126391/32679…> FERC denies Pleasants Power Station transfer GREAT NEWS! The Federal Energy Regulatory Commission yesterday denied FirstEnergy Corp.'s request to transfer the Pleasants power plant to Mon Power and Potomac Edison, two of the Ohio company's West Virginia subsidiaries. The decision ends this attempt by FirstEnergy for another bailout from its West Virginia customers. "FERC rejected the Pleasants sale because of the risk that it would result in improper cross-subsidization among subsidiaries of FirstEnergy. This order is not surprising because FirstEnergy clearly orchestrated the sale of the Pleasants plant in order to shift costs and risk from a deregulated subsidiary onto the customers of Mon Power and Potomac Edison." — Cathy Kunkel, an energy analyst with the Institute for Energy Economics and Financial Analysis <http://go.communitypowernetwork.org/e/126391/2018-01-13/4sqfvh/203402632> We'll be sharing more analysis of the decision soon. Watch your inboxes, along with our Facebook <http://go.communitypowernetwork.org/e/126391/estVirginiansForEnergyFreedom-…> and Twitter <http://go.communitypowernetwork.org/e/126391/EnergyFreedomWV/4sqfvm/2034026…> feeds. <http://go.communitypowernetwork.org/e/126391/on-OpenNat-asp-fileID-14797085…> Download and read the FERC decision Read the article in today's Charleston Gazette-Mail <http://go.communitypowernetwork.org/e/126391/84-55e9-b6fd-755af0d0a951-html…> You wrote letters and op-eds, sent faxes and signed petitions, testified at hearings, passed municipal resolutions, and made this a major public issue. THANK YOU FOR ALL OF YOUR SUPPORT AND HARD WORK <http://go.communitypowernetwork.org/e/126391/2018-01-13/4sqfvt/203402632> EnergyFreedomWV.org | 304-460-9833 (WVEF) | <mailto:info@energyfreedomwv.org> Info(a)EnergyFreedomWV.org <http://go.communitypowernetwork.org/unsubscribe/u/126391/cb86e7159e33950f25…> unsubscribe from all emails <http://go.communitypowernetwork.org/email-preference-center?ehash=cb86e7159…> update subscription preferences <http://go.communitypowernetwork.org/r/126391/1/203402632/open/1>

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EC January 2018