valley
Coal plant subsidies from pay-for-play legislation have cost Ohioans $173 million
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
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 […]
Ohio consumer watchdog asks regulators to revisit coal plant bailouts
A consumer watchdog last week asked state regulators to revisit their decision to allow two Ohio utility companies to pass onto customers their losses on two coal-fired power plants they partially own. The Ohio Consumers Counsel (OCC), which represents residential ratepayers in utility issues, asked the Public Utilities Commission of Ohio (PUCO) to revisit its […]