Lawmakers didn’t know FirstEnergy had suit going

CHARLESTON — Some West Virginia lawmakers wish they had a particular piece of information prior to last week’s deal to give FirstEnergy Solutions enough financial breathing room to keep the Pleasants Power Station alive.
During a quick special session, lawmakers in both houses voted overwhelmingly to eliminate the financially struggling power station’s $12.5 million annual business and occupation tax obligation in hopes of bolstering its standing in an upcoming power capacity auction.
Lawmakers were moved by the power plant’s perilous financial situation, the time crunch of preparing for the auction, the 160 jobs and other taxes produced by the plant and the hook that this plant is the only one in West Virginia affected by that tax.
What legislators did not know was that a company owned by Gov. Jim Justice and his family is in an active federal lawsuit with FirstEnergy Solutions, which claims it is owed a $3 million final payout on a coal deal.

To continue reading, log into your account or explore our subscription options:





More Latest News

Community
Gun violence prevention group holds gathering in Mon. County Courthouse Square
Saturday, community members came together to recount those who have lost their lives to gun violence in American.
August 17, 2019 - 2:56 pm
Latest News
Boys & Girls Club says it will have school programming
On Aug. 15, five days before Tuesdays first day of school, the Mountaineer Boys & Girls Club contacted parents to inform them that before and/or after school activities will be held at most of the schools that previously hosted those programs.
August 16, 2019 - 6:08 pm
Latest News
Fed judge OKs 'overarching conspiracy' claim in generic drug price-fixing suits including W.Va. and Mylan
One of two federal lawsuits pursued by West Virginia andother states alleging that a number of generic drug makers engaged in a schemeto fix prices and allot market share took a step forward this week.
August 16, 2019 - 5:08 pm
Cops and Courts
ICE operating in Morgantown
U.S. Immigration and Customs Enforcement conducted an operation in Morgantown on Thursday.
August 16, 2019 - 1:27 pm