“FirstEnergy and allies spend millions influencing Ohio legislature as they seek nuclear bailout: What you need to know”
APRIL 17, 2019
FirstEnergy’s efforts to try to get Ohio politicians to rescue its troubled nuclear
power business haven’t come cheap.
Lawmakers last Friday introduced a proposed “clean energy" that would add a new surcharge to every power bill in Ohio to pay for “clean energy” sources — with $150 million in proceeds going to bail out two financially troubled nuclear plants in northern Ohio — while eliminating a different one that pays for renewable energy. Read More
“New fee a 'bailout' for FirstEnergy nuclear plants, environmental groups say”
APRIL 12, 2019
Ohio lawmakers want to charge you $2.50 a month to help bail out two nuclear plants in northern Ohio.
A new energy plan announced Friday by Speaker Larry Householder, R-Glenford in Perry County, would add a $2.50 per month surcharge to every residential customer’s bill, a $20 per month surcharge to every commercial customer’s bill and a $250 monthly charge to every industrial customer’s bill and a $2,500 surcharge to large energy users. Read More
“Lawmakers Face Accusations That Bill is Nuclear ‘Bailout’”
APRIL 16, 2019
A bailout for nuclear power plants?
“It is the white elephant in the room, isn’t it?” said Rep. Jamie Callender (R., Concord).
An Ohio House committee wasted little time beginning hearings Tuesday on a bill introduced Friday to financially reward the generation of electricity in Ohio that emits no or little carbon pollution while eliminating current law requiring utilities to find more renewable sources for their power and reduce energy consumption overall.
The state’s two nuclear power plants on the shore of Lake Erie — Davis-Besse, 30 miles east of Toledo, and Perry, 40 miles east of Cleveland —would be expected to get roughly half of the $300 million to be generated from new surcharges on customers’ bills. Read More