This week, the Public Utilities Commission of Ohio (PUCO) authorized three electric utilities to keep millions of dollars charged to customers to cover the costs of running two coal-fired plants. OMA’s energy engineering consultant, RunnerStone LLC, has calculated that Ohioans will have paid nearly $600 million in total subsidies to OVEC’s utility owners since 2017, and is expected to exceed $1 billion by 2030.

This order marks the PUCO’s first interpretation of provisions of House Bill 6 that extended cost recovery for those plants to 2030 via a new Legacy Generation Rider and enshrined the mechanism in statute. 8/21/2024