ovec

As Ohio regulators sit on coal plant subsidy cases, costs could rack up for ratepayers

BY: - October 17, 2022

Although Ohio regulators have paused four FirstEnergy cases dealing with House Bill 6, they could still take action in cases dealing with the two 1950s-era coal plants that were subsidized by the law at the heart of Ohio’s ongoing corruption scandal. Yet the Public Utilities Commission of Ohio has made no rulings in those cases […]

Coal plant subsidies from pay-for-play legislation have cost Ohioans $173 million

BY: - August 18, 2022

Ohioans have paid $173 million to cover the losses of three Ohio utility companies’ investments in two coal-fired power plants since 2020, thanks in part to a recent law that’s now in the center of a criminal public corruption investigation. By year’s end, the tab since Jan. 1, 2020 on the Clifty Creek coal plant […]

Ohioans spent $211 million subsidizing two coal plants over last two years

BY: - January 12, 2022

Electric customers across Ohio collectively spent an estimated $211 million via add-on bill charges over the last two years to cover for losses from two coal-fired power plants that continue to bleed millions annually, according to new data from state regulators. The money to the Ohio Valley Electric Corp. (OVEC) — an entity comprised of […]

House lawmakers review coal bailouts, energy efficiency proposal

BY: - November 1, 2021

Major pieces of scandal-tainted legislation remain on the books in Ohio, and House lawmakers indicate they plan to keep it that way. The Ohio House Public Utilities Committee on Wednesday reviewed two pieces of legislation aimed at different remnants of House Bill 6 from 2019. HB 6 is now mired in a bribery scandal that […]

As Ohio House’s war on vaccine mandates fades, Speaker reticent on what’s next

BY: - October 18, 2021

Despite a political dead cat bounce late last week, the Ohio House’s war on vaccine mandates ended in stalemate, if not a humble retreat. After eight hearings on two versions of legislation to ban vaccine mandates, the requisite support failed to materialize and Ohio House Speaker Bob Cupp, R-Ohio, said Wednesday it’s time to move […]

State regulators made ‘utility-friendly’ edits to audit of coal plant bailout, emails show

BY: - October 4, 2021

Documents show state utility regulators sought edits to draft versions of an audit they commissioned, prompting the removal of declarations that a ratepayer-funded bailout of two uneconomic coal plants was a bad deal for Ohio electric customers. Staff at the Public Utilities Commission of Ohio, which sets customers’ water and electric rates, asked an auditor […]