FirstEnergy / Nuclear Energy

Lucas Co. commissioners against new subsidies for FirstEnergy

The Perry nuclear power plant (credit: John Kuntz).

TOLEDO — “Lucas County Commissioners today urged state lawmakers to reject a proposal to create new subsidies for FirstEnergy to shore up its struggling nuclear power plants and have the utility’s customers foot the bill through rate increases.

House Bill 178, or the Zero Emission Nuclear credit bill, would provide a nearly $300 million a year subsidy to Akron-based FirstEnergy to continue operating the Davis-Besse plant near Oak Harbor and the Perry plant east of Cleveland.

The zero emission credit subsidy, which could continue for 16 years, would be paid for by all FirstEnergy customers through a 5 percent increase in the utility’s delivery rate, which works out to be about $5 a month.

Commissioner Pete Gerken said the subsidy program would put FirstEnergy at an unfair advantage over new gas turbine power plants and start-up renewable energy providers.”

— Mark Reiter, Toledo Blade

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