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Monongahela Power and Potomac Edison company customers will receive a one-time fixed bill credit on their 2024 July bill.
The company’s combined 800,000 customers will receive a part of the $2.5 million dollar credit. An audit ordered by state regulators into the operations of the power companies revealed financial misconduct and called for greater accountability of lobbying expenses and better record keeping.
The audit followed both companies’ requests for a rate increase.
An accounting firm hired by the Public Service Commision to investigate the two power companies recommended further investigations into millions of dollars in fuel procurement and management consulting and suggested further reviews elsewhere.
Both companies are a subsidiary of FirstEnergy Corporation which paid a $230 million fine in 2021 as part of a deferred prosecution agreement for its role in a bribery scheme.
