Post Tagged with: "utility bailouts"

Power plant owners press Trump to reject bailout for coal, nuclear
FirstEnergy

Power plant owners press Trump to reject bailout for coal, nuclear

WASHINGTON, DC — “Power plant owners are urging President Trump to reject a plea by a Ohio power provider to save its fleet of coal and nuclear plants that are slated to shut down in the next three years, saying it would be legally wrong and jeopardize his America First […]

Murray Energy’s war on clean energy in Ohio
Coal / Freeze on Clean Energy

Murray Energy’s war on clean energy in Ohio

Murray Energy lobbied on a bill to roll back renewable energy “mandates” in Ohio, while it fought for government intervention to bail out coal-fired power plants. COLUMBUS — “Coal producer Murray Energy lobbied on the latest bill to roll back renewable energy ‘mandates’ in Ohio, while it fought for government […]

GOP voters support green energy, oppose coal, nuclear bailouts, statewide poll finds
Energy / Freeze on Clean Energy / Renewable Energy

GOP voters support green energy, oppose coal, nuclear bailouts, statewide poll finds

CLEVELAND — “Conservative Ohio voters, whether Independent or Republican, are tired of utilities asking for special charges for coal and nuclear power plants, support mandatory energy-efficiency programs, favor home solar systems and are willing to pay higher monthly bills for renewable energy. These are findings in a poll commissioned by […]

Coal’s best bet for a bailout may now come from Rust Belt
Coal / Energy / Renewable Energy

Coal’s best bet for a bailout may now come from Rust Belt

WASHINGTON, DC — “The U.S. coal industry’s best hope for a bailout may lie in the Rust Belt now that Washington’s plan has fizzled. The largest U.S. power grid — covering Pennsylvania, Ohio and other states — has been considering an initiative that may keep struggling coal plants afloat. The idea, […]

Shannon Baker-Branstetter
Duke Energy / Fixed Rate Hikes

Duke Energy seeks base fee increase, undercutting thrift (Opinion)

CINCINNATI — “You should be able to manage your utility bills by controlling how much energy you use at home. That’s logical and straightforward. But Duke Energy wants to change that. If Duke’s proposal to significantly raise its ‘customer fees’ is approved, you’d lose control over a big portion of […]

Coal / Energy

Ohio legislature considers forcing customers to bailout coal plants

COLUMBUS — “Did you hear that you could soon be paying more for your electric bills? But the price of electricity isn’t getting more expensive, so what gives? If some lawmakers in Columbus get their way, your hard-earned money will start paying for bailouts of old power plants in Indiana and […]

FirstEnergy headquarters in Akron.
Coal / Energy / FirstEnergy

PUCO rejects challenge to FirstEnergy special subsidy, you’ll keep paying more

CLEVELAND — “The Public Utilities Commission of Ohio today rejected multiple appeals of its October 2016 ruling giving FirstEnergy an extra $204 million a year for up to five years, officially for upgrades to the company’s local wires and substations, but say opponents, actually allowing the company to use the money in […]

Ohio Statehouse (Wikimedia Commons)
Coal / Energy / FirstEnergy / Renewable Energy

As Ohio legislature regroups, power plant subsidy debate to continue

COLUMBUS — “As the Ohio legislative session resumes next month, subsidies for nuclear generation and 1950s-era coal plants are expected to once again be on the table. Other pending electricity bills deal with renewable energy, energy efficiency, corporate separation of utilities and consumer protections. The outcome could shape Ohio’s electricity […]

Dick Munson is EDF's Director, Midwest Clean Energy.
Coal / Energy / FirstEnergy

Tomorrow is judgement day for FirstEnergy’s bailout

COLUMBUS — “Tomorrow, the Public Utilities Commission of Ohio (PUCO) will issue its rehearing order on FirstEnergy’s bailout plea. If, like us, you have vacation brain, here’s a refresher: Last October, the PUCO gave a tentative $625-million subsidy to reduce FirstEnergy’s debt associated with its bad business decisions. Admittedly less than the […]

The Bruce Mansfield Power Plant, FirstEnergy's largest coal-fired plant, in Beaver County on November 23, 2015. FirstEnergy officials are scheduled to meet with creditors of its struggling competitive generation unit, FirstEnergy Solutions (Credit: Andrew Rush / Pittsburgh Post-Gazette).
FirstEnergy

With power plants struggling, FirstEnergy sets up meeting with creditors

AKRON — “FirstEnergy officials are scheduled to meet with creditors of the company’s struggling competitive generation unit, FirstEnergy Solutions, which includes two Pennsylvania power plants in Beaver County employing about 1,000 people. The meeting with creditors, reported during an earnings call on Friday, is a development in the Akron, Ohio-based […]