Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

FirstEnergy Loses High Court Bid to Recoup $230 Million

The U.S. Supreme Court turned away an appeal by two FirstEnergy Corp. units that sought to recoup $230 million they say they spent to acquire power for serving their Pennsylvania retail power customers.

The nation’s highest court today left intact a Pennsylvania state court decision that said a 1998 settlement precluded FirstEnergy’s Metropolitan Edison and Pennsylvania Electric from recovering the disputed money through higher rates.

The costs stem from “transmission line losses,” the electricity that dissipates because of friction or resistance as power travels through lines.

FirstEnergy is based in Akron, Ohio.

The case is Metropolitan Edison v. Pennsylvania Public Utility Commission, 12-4.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.