House Bill Would Raise FirstEnergy Power Rates

04/14/2017

This week, Rep. Anthony DeVitis (R-Uniontown) introduced House Bill 178. Dubbed the FirstEnergy “nuke bailout” bill, the measure would require customers in the FirstEnergy service territory to pay an additional $300 million annually on electric bills to subsidize the Perry and Davis-Besse power plants for up to16 years. This is companion legislation to SB 128 that Senators John Eklund (R-Chardon) and Frank LaRose (R-Hudson) introduced last week. Under the bill, manufacturers would not be able to “shop around” the rate increase that will be imposed on all distribution customers, regardless of their energy supplier. The OMA opposes the legislation.  4/13/2017

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