Ohio bill would create ‘clean air’ fund to benefit nuclear, excluding wind and solar

The draft legislation would create a new surcharge, with proceeds distributed to power plants that “make a significant contribution toward minimizing emissions.”

COLUMBUS -- "Legislation to subsidize two FirstEnergy Solutions nuclear power plants in Ohio is about to surface in the Ohio House.

Republican majority leaders have been circulating a proposal that would add up to $300 million annually to electric bills across the state, creating a state 'clean air program' with grants administered by political appointees.

About $180 million would be earmarked for the FirstEnergy Solutions nuclear power plants, say analysts who have looked at the legislation. The remaining $120 million could be used to prop up other companies — though it appears those companies would not be owners of wind and solar farms.

The draft legislation, obtained by the Energy News Network, would add a $2.50 per month surcharge to every residential customer’s bill, a $20 per month surcharge to every commercial customer’s bill and a $250 monthly charge to every industrial customer’s bill."

-- John Funk, Energy News Network

read the full article

Be the first to comment

Please check your e-mail for a link to activate your account.
Pledge to vote