COLUMBUS, Ohio (Statehouse News Bureau) Two coal plants, that have needed hundreds of millions of dollars in subsidies from Ohio ratepayers, have churned out a profit in the last energy auction whi
By year’s end, the tab since Jan. 1, 2020 on the Clifty Creek coal plant in Madison, Indiana and the Kyger Creek plant in Cheshire, Ohio is projected to hit nearly $188 million, according to real and projected data from the Public Utilities Commission of Ohio.
The coal-powered energy from the Ohio Valley Electric Corporation has recently resulted in a net benefit for ratepayers, but critics say it’s still not enough to justify requiring consumers to prop up coal plants.
Coal Plant Subsidies From Pay-for-Play Legislation Have Cost Ohioans $173 million clevescene.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from clevescene.com Daily Mail and Mail on Sunday newspapers.
The coal-powered energy from the Ohio Valley Electric Corporation has recently resulted in a net benefit for ratepayers, but critics say it’s still not enough to justify requiring consumers to prop up coal plants.