Meeting Registration
Description
Please join Ohio Citizen Action for the next installment in a series of Conversations with Rachael Belz, OCA Executive Director with special guest Neil Waggoner, Sr. Campaign Representative for the Sierra Club.
Our ongoing fight for renewable energy and government accountability in the face of Ohio s HB 6 scandal has reached a new phase. That law, at the center of Ohio s largest racketeering and bribery scheme ever, forced taxpayers to bail out FirstEnergy’s nuclear plants and two Eisenhower-era Ohio Valley Electric Corporation (OVEC) coal plants (one of which is in Indiana!). The nuclear bailout portion of HB 6 was just repealed, but the coal bailouts continue to roll in and Ohio s ratepayers and environment continue to foot the large bill. Join Rachael and Neil to talk about why it’s time to retire these dirty coal plants and protect the health of every Ohioan.
Kyger Creek OVEC coal plant in Gallia County
The Public Utilities Commission of Ohio is seeking an independent company to conduct an audit of two coal plants owned by the Ohio Valley Electric Corporation, or OVEC. The plants receive hundreds of millions of dollars in subsidies from Ohio ratepayers.
OVEC is a corporation partially owned by Ohio s large utilities, including AEP, Dayton Power & Light and Duke Energy. The corporation owns two coal companies; Kyger Creek in Gallia County and Clify Creek in Madison, Indiana.
In 2019, lawmakers approved HB6 which included a provision that allowed a cost recovery mechanism for OVEC by collecting up to $1.50 in subsidies a month from every ratepayer in the state. This can amount to hundreds of millions of dollars in the course of 10 years.
Statehouse News Bureau
Kyger Creek in Gallia County and Clifty Creek in Madison, Ind. are two Ohio Valley Electric Corporation coal plants that the Public Utilities Commission of Ohio is intending to audit.
The Public Utilities Commission of Ohio is seeking an independent company to conduct an audit of two coal plants owned by the Ohio Valley Electric Corporation, or OVEC. The plants receive hundreds of millions of dollars in subsidies from Ohio ratepayers.
OVEC is a corporation partially owned by Ohio s large utilities, including AEP, Dayton Power & Light, and Duke Energy. The corporation owns two coal companies: Kyger Creek in Gallia County and Clifty Creek in Madison, Ind.
0:59
OVEC is a corporation partially owned by Ohio s large utilities, including AEP, Dayton Power & Light, and Duke Energy. The corporation owns two coal companies; Kyger Creek in Gallia County and Clify Creek in Madison, Indiana.
In 2019, lawmakers approved HB6 which included a provision that allowed a cost recovery mechanism for OVEC by collecting up to $1.50 in subsidies a month from every ratepayer in the state. This can amount to hundreds of millions of dollars in the course of 10 years.
According to the PUCO s request seeking to hire an independent auditor, the commission is required to determine the prudence and reasonableness of the actions of EDUs with LGR ownership interests during years 2021, 2024, 2027, and 2030.