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Legislature fails to bail out Ohio ratepayers on hook for bailing out coal plants: Thomas Suddes


Legislature fails to bail out Ohio ratepayers on hook for bailing out coal plants: Thomas Suddes
Today 5:28 AM
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Like a ham peppered with cloves, the budget bill contains almost as many non-money items as money items. But there’s one thing House Bill 110 doesn’t include: It doesn’t free Ohio’s electricity consumers from the estimated $700 million in subsidies they’re now forced to pay to bail out two coal-fired power plants, one in Indiana. The plants’ owners include the American Electric Power Co.; Duke Energy Corp.; and AES Ohio (Day-ton Power & Light Co.).
The General Assembly only partially repealed House Bill 6 last month. That’s the scandal-pocked 2019 law that led a grand jury to indict then-House Speaker Larry Householder and four other politicos on federal corruption charges. Householder is presumed innocent unless convicted. ....

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