nuclear-news

“We recommend a repeal and replace stance on HB 6 to remove the alleged stain of corruption on the law and to enable the restoration of the energy efficiency programs supported by our members,” said Joe Roman, President and CEO of the GCP. “Our membership continues to encourage policies that provide incentives for businesses to leverage energy programming to foster growth. We recognize a level of flexibility may be needed to meet those goals, reverse HB 6, and balance Ohio’s energy environment……….

A select committee of lawmakers is considering whether to repeal and replace the law. The committee has held hearings but hasn’t yet recommended specific actions.

The nuclear bailout is funded by new monthly surcharges ranging from 85 cents for residential customers to as much as $2,400 for large industrial plants. In addition to the nuclear plant bailout, House Bill 6 provides subsidies to specific coal and solar plants around the state, dismantles the state’s green-energy standards for utilities, and allows FirstEnergy Corp. and other utilities to lock in a guaranteed level of ratepayer revenue for years to come.   https://www.cleveland.com/open/2020/09/greater-cleveland-partnership-calls-for-repeal-of-ohio-nuclear-bailout-law.html