May 2, 2016
| Legal Document
On March 31, 2016, the Commission approved the Third Supplemental Stipulation1 in this proceeding, which sets forth an Electric Security Plan (“ESP”) for the Ohio Edison Company, The Cleveland Electric Illuminating Company, and The Toledo Edison Company (collectively, “FirstEnergy” or “Companies”). Rehearing is necessary because the Commission‟s Order is unlawful and unreasonable. Simply put, the governing law and the facts of this case do not, and cannot, justify forcing customers to assume the risks of merchant generation while guaranteeing FES and its shareholders all of their costs and a rate of return.