Post Tagged with: "electric utilities"

FirstEnergy had a rough first three quarters in 2015, but finished the year, overall strong. (Courtesy of FirstEnergy)
FirstEnergy

FirstEnergy to offer discount it says will undercut NOPEC’s rates

AKRON — “A little more than four months after their highly publicized split, Akron-based FirstEnergy Solutions and the Solon-based Northeast Ohio Public Energy Council are in full competition mode. With a new discount for customers, FirstEnergy may have just fired the initial shot of their first major battle — one […]

Ohio House speaker predicts bill removing green energy standards will pass with veto-proof majority
Freeze on Clean Energy / Renewable Energy

Ohio House speaker predicts bill removing green energy standards will pass with veto-proof majority

COLUMBUS — “The House is likely to pass a bill weakening Ohio’s clean-energy standards next week with a veto-proof majority, Speaker Cliff Rosenberger said Wednesday. ‘I think it’s sending a clear message … that this is something that we are very intent that needs to happen as state policy,’ the […]

Two Ohio coal-fired plants to close, deepening industry decline
Coal / Dayton Power & Light

Two Ohio coal-fired plants to close, deepening industry decline

DAYTON — “Electricity company Dayton Power & Light said on Monday it would shut down two coal-fired power plants in southern Ohio next year for economic reasons, a setback for the ailing coal industry but a victory for environmental activists. Republican President Donald Trump promised in his election campaign to […]

An analysis of Ohio consumer electric bills since 2009 by Ohio State University economists has found that consumers are paying higher electric bills today than they did before de-regulation. The study follows an earlier OSU-Cleveland State University study found that the auction-based standard service offer and the ability of consumers to switch to independent competitive suppliers saved on the price of power itself. But state regulators, following a change in the law in 2008, have allowed electric utilities to jack up delivery rates by adding special rate "riders," the new study has determined. (Ohio State University)
Research & Reports / Utilities

Electric bills $1 billion higher: OSU analysts urge state to require traditional utilities to sell power plants

COLUMBUS — “Ohio should require its traditional electric utilities to sell off their power plants, a team of Ohio State University analysts has concluded and is urging lawmakers to consider requiring that. ‘Our recommendation is that the state should do it [deregulation] right,’ said Noah Dormady, an energy and environmental economist […]

DP&L will sell its ownership in three coal-fired power stations, according to a new stipulation filed with a state organization. (Credit: Thomas Gnau/Dayton Daily News)
Coal / Dayton Power & Light

DPL to sell stake in three power plants

DAYTON — “In a new state filing, Dayton Power & Light Co. puts itself on a path further from the use of coal in power generation. The company said in the filing it will commit to selling its ownership in three generation stations while setting up an economic development fund for […]

Ohio Statehouse (Wikimedia Commons)
Freeze on Clean Energy

Ohio bill would allow customers to opt out of utility renewable energy charges

COLUMBUS — “Ohio’s debate over renewable energy standards is poised to heat up again. Rep. Bill Seitz, who heads the House Public Utilities Committee, said the bill from last year to make renewable energy standards voluntary for two years didn’t go far enough. H.B. 114, by contrast, would introduce a voluntary renewable […]

Ohio Capitol Building
Energy / Utilities

Ohio ratepayer advocate outlines legislative priorities to lawmakers

COLUMBUS — “Changes to state energy law nine years ago have ‘allowed more ways for utilities to propose rate increases for customers to pay,’ Ohio Consumers’ Counsel Bruce Weston told state lawmakers on Tuesday. Appearing before the Public Utilities Committee of the state House of Representatives, Weston proceeded to outline […]

Credit: Robert Schwartz/Creative Commons
Energy / Utilities

Study: lack of competition to blame for Ohio electricity cost increases

COLUMBUS — “With Ohio’s energy and energy efficiency standards again under attack, a new policy paper from Ohio State University attributes the lion’s share of electricity cost increases since 2008 to utilities and provisions that insulate them from full competition. None of Ohio’s transmission and distribution utilities have moved to […]

FirstEnergy's nuclear subsidy proposal cannot be found on the company's website.
FirstEnergy / Utilities

FirstEnergy rate increase for nuclear still shadowy but opponents lining up

CLEVELAND — “FirstEnergy’s plan to convince Ohio lawmakers they should save the company’s nuclear reactors by funneling more money from customers to the company has still not seen the legislative light of day. But for certain, the company has shopped its proposal to key lawmakers with a full-color, professional-looking, authoritative […]

The Davis-Besse nuclear plant on Lake Erie east of Toledo.
Energy / Utilities

Natural gas industry gains steam

Coal, nuclear plants are no longer competitive in Ohio TOLEDO —  “During his address to Congress last week, President Trump repeated his campaign promises about restoring the U.S. coal industry to its former prominence. But an electronic map that can pinpoint every Ohio power plant fueled by either natural gas […]