FirstEnergy agreed to pay $275M in restitution to finally close the book on the HB 6 bribery scandal, with the money going directly back to the customers it originally defrauded. (Politico)
The deal resolves four separate investigations into the corruption scheme where the company funneled millions to lawmakers in exchange for a nuclear bailout.Â
While the bulk of the cash will appear as direct bill credits, $20M has been ring-fenced specifically for helping low-income families weatherize their homes and pay overdue electric bills.