Ohio Utility Bailouts

energy and natural resources subcommittee on energy generation
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Bill that subsidizes nuclear, scraps renewable standards passes Ohio House

“Several Republicans against the bill argued that it picked winners and losers in the energy market. But as House Speaker Larry Householder (R-Glenford) argues, there is no free market approach to energy. ‘How can you say that when you put subsidies in wind and you put subsidies on solar, you […]

Heavy hitters turn up the pressure on state lawmakers as Ohio energy bill approaches key vote
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Heavy hitters turn up the pressure on state lawmakers as Ohio energy bill approaches key vote

COLUMBUS — “Paduchik’s foray into a state-government issue particularly raised eyebrows in Columbus, given his close ties with the White House and the national Republican Party. But one source said Paduchik’s pitch was focused on policy, including the possible economic impact of closing the plants, rather than politics. In an interview, […]

Statement from Ohio Citizen Action on Ohio House passage of HB 6
Energy / Featured Story / FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Statement from Ohio Citizen Action on Ohio House passage of HB 6

COLUMBUS — “HB 6 started out as another disappointing example of redistribution of wealth from the pockets of Ohio consumers into the hands of corporate shareholders, and it only got worse. We knew FirstEnergy wasn’t concerned with carbon – at Ohio Citizen Action we’ve been fighting them for over four decades. […]

Renewable sources vanish from Ohio’s clean energy bill
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts / Ohio's Clean Energy Future

Renewable sources vanish from Ohio’s clean energy bill

CLEVELAND — “The arguments against the bailout are the better ones: Taxpayers should not be bailing out failed businesses. Taxpayers are not responsible for bad business decisions made by FirstEnergy, though in fairness, fracking was a game-changing technology. Nuclear is not renewable. Its fuel and the process that it uses […]

House vote expected on revamped Ohio energy bill
Coal / Energy / FirstEnergy / Ohio Utility Bailouts

House vote expected on revamped Ohio energy bill

COLUMBUS — “The Ohio House could vote this week on a massive overhaul of the state’s clean-energy programs. House Bill 6 would repeal the state’s renewable-energy and energy-efficiency standards, and create new subsidies through a new Ohio Clean Energy Fund for FirstEnergy Solution’s two nuclear power plants, as well as two […]

Energy overhaul: ‘Clean Air Program’ just for nuclear plants, not wind or solar
Coal / Energy / FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Energy overhaul: ‘Clean Air Program’ just for nuclear plants, not wind or solar

COLUMBUS – “Ohio Republicans’ energy overhaul started as a thinly veiled attempt to rescue two northern Ohio nuclear plants with new fees on everyone’s electric bills. Now, the veil is off. Changes made to House Bill 6 last week would direct most of the $197.6 million collected from new fees on Ohioans’ electric bills to […]

Ohio Valley Electric Corp.'s 1,304-megawatt Clifty Creek coal plant in Madison, Ind. Crowezr/Wikipedia
Coal / Energy / Nuclear Energy / Ohio Utility Bailouts

Ohio House Republicans overhaul ‘clean-energy’ bill to focus on nuclear, coal subsidies

COLUMBUS — “Ohio House Republicans on Wednesday dramatically transformed a controversial “clean-energy” subsidy bill, turning it into a bailout plan for both nuclear and coal power plants owned by Ohio companies. The changes to House Bill 6, made by the House Energy and Natural Resources Committee, would also end Ohio’s […]

FirstEnergy’s CEO sees a long future in Akron for the transforming electric utility
Energy / FirstEnergy / Ohio Utility Bailouts

FirstEnergy’s CEO sees a long future in Akron for the transforming electric utility

AKRON — “FirstEnergy is on the verge of becoming a completely regulated company, once its unregulated generation arm, FirstEnergy Solutions, completes its Chapter 11 bankruptcy reorganization and emerges as an independent company with a new name, as many anticipate will happen later this year. …While FirstEnergy will not own any nuclear […]

Nuclear bailout bake sale at FirstEnergy shareholder meeting
Energy / FirstEnergy / Ohio Consumers Power Alliance / Ohio Utility Bailouts

Nuclear bailout bake sale at FirstEnergy shareholder meeting

AKRON — Ohio Citizen Action hosted a Nuclear Bailout Bake Sale today at the annual FirstEnergy shareholders meeting to help the struggling utility giant keep open the Perry and Davis-Besse nuclear power plants.  Power drinks were available at the bake sale for $10,000 and energy bars for $25,000. All participating […]

Battle over energy bill includes $2.4M in ads to sway public
Energy / FirstEnergy / Ohio Utility Bailouts

Battle over energy bill includes $2.4M in ads to sway public

COLUMBUS — “Drama, political pressure and money is churning around an energy bill that could cost consumers $300 million each year in surcharges on their electricity bills and could help save two aging nuclear power plants from closing. Ohio House Speaker Larry Householder, R-Glenford, unveiled House Bill 6 on April 12. […]