Economics
FirstEnergy Says Its Headquarters Is Worth $568 Million to Ohio
- Utility asks regulators for surcharge for benefits to Akron
- Critics question why customers should pay for HQ’s impact
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FirstEnergy Corp., Ohio’s homegrown utility with roots in the state that date to 1930, wants its customers to pay to ensure it stays there.
In the latest twist in a two-year battle for aid, the company has asked regulators to approve as much as $568 million a year for eight years in customer surcharges to compensate for the economic impact of having its headquarters in Akron.