As the legislature heads home, electricity customers can breathe a sigh of relief knowing that billions of dollars of costs have been averted.
The current 132nd General Assembly session will soon adjourn sine die. The lawmakers adjourn without acting on five separate bills that would have forced customers to bailout uneconomical nuclear and coal power plants.
Ohio is one of the only states to have repelled state legislated subsidies for certain nuclear and coal power plants. New Jersey, New York, Illinois, and Connecticut have all adopted legislation. Pennsylvania has also been considering such a proposal.
Congratulations to the manufacturers who led the fight against these bills. 12/20/2018