Legislation may be introduced today in the Ohio House that could have far-reaching effects on electricity generation markets. This recent media report found that a draft version of the bill would, among other provisions, create a new statewide customer charge that would be used to bailout the two nuclear power plants owned by FirstEnergy Solutions.
Hearings on the bill are expected to begin next week in the House Energy & Natural Resources Committee. Rumors about the bill have been swirling for weeks and the bill is considered to be a top priority of the Speaker.
The OMA’s energy policy team is monitoring developments and will provide members with bill analyses and status.
Members of the OMA Energy and Government Affairs Committees will be invited to a special conference call next week to learn more about the bill. Watch your email or send an email to the OMA if you are interested. 4/11/2019