Report: Coal Plant Subsidies in the Crosshairs


Some Ohio lawmakers are looking at ways to bypass their leaders to repeal a House Bill 6 provision that forces electric ratepayers to fund 1950s-era coal plants. The Ohio Capital Journal reports on the development. Much of HB 6 has been repealed, but the law’s subsidies for the Ohio Valley Electric Corporation (OVEC) remain in place. The OMA recently released a study that found Ohio customers will subsidize OVEC’s utility owners (AEP Ohio, Duke Energy, and AES) an estimated $850 million by 2030 if the subsidies aren’t repealed. The utilities intend to start collecting the subsidies from customers again in July, reports say. 6/8/2023