Coal / Duke Energy

Victory: Duke Energy bailout of old coal plants denied

Pictured right to left: Sammi Tuckerman, Kate Aylward

Pictured right to left: Sammi Tuckerman, Kate Aylward

COLUMBUS — Today the Public Utilities Commission of Ohio (PUCO) denied Duke Energy their bailout request (aka their “Price Stabilization Rider”) for their portions of the outdated and inefficient Kyger Creek and Clifty Creek coal plants. The rest of the Electric Security Plan submitted by Duke, which has not been contested by groups like Ohio Citizen Action and Sierra Club, was approved.

According to the ruling, “The Commission was not persuaded that the rider, as proposed, would benefit ratepayers.”

FirstEnergy’s bailout request, which added the WH Sammis coal plant and the Davis-Besse nuclear plant, is pending at the PUCO with an evidentiary hearing set in Columbus for June 15. American Electric Power’s second, expanded request added four more coal plants requesting bailouts, is also pending.

This is great news for Ohio consumers, as it is on the heels of a February 25, 2015 ruling to deny AEP’s original bailout request, which was first filed in December, 2013.

The score as we see it: 2 down, and 2 to go.

A copy of today’s Commission opinion and order is available at
. Click on the link to the Docketing Information System (DIS) and enter the case number 14-841-EL-SSO.

Rachael Belz, Executive Director