FirstEnergy / Nuclear Energy

Plan would charge FirstEnergy customers more to subsidize money-losing nuclear plants

The Davis-Besse nuclear power plant.

COLUMBUS — “Nuclear energy is clean energy and deserving of a big subsidy from electricity customers, according to a new proposal before the General Assembly, a bill supported by FirstEnergy.

If that sounds like a hard sell, it is, based on the reception the bill received when its language was released Thursday. And there are indications that Gov. John Kasich is among the opponents.

Senate Bill 128 mainly applies to the two nuclear power plants in Ohio: Davis-Besse, near Toledo, and Perry, east of Cleveland, both of which are owned by FirstEnergy.

The bill, if passed, would let FirstEnergy charge customers hundreds of millions of dollars per year to help make the plants profitable, with a limit of a 5 percent rate increase per year.”

— Dan Gearino, Columbus Dispatch

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