nuclear-news

COLUMBUS, Ohio—Energy Harbor is lobbying for state lawmakers to allow it to decide whether to accept more than $1 billion in House Bill 6 bailout money for its two nuclear power plants because a federal regulatory ruling might otherwise make the subsidies a liability, according to a top lawmaker.

It’s still unclear whether legislators will agree to the proposal, which is being crafted by House Majority Leader Bill Seitz, or whether they will pass any reforms to HB6 at all on Tuesday, expected to be the final day of the current legislative session.But it shows that Energy Harbor, a former subsidiary of FirstEnergy, is working behind the scenes to influence what reforms might be made to HB6, which is at the center of what authorities say is the largest bribery scheme in Ohio history. Federal authorities say $60 million in FirstEnergy bribery money was used to pass the law and keep it on the books.

Under the 2019 law, Energy Harbor’s Davis-Besse and Perry nuclear power plants are set to get $150 million per year from ratepayers from 2021 until 2027. Energy Harbor officials have said without the bailout, they will have to close the plants, though they’ve offered no financial data to back their claims.

But after the HB6 scandal broke last summer, GOP lawmakers have been working on possible changes to the law — including requiring yearly audits to see how much money the nuclear plants need to break even, then adjusting accordingly the amount of subsidies paid to Energy Harbor.

House and Senate leaders are still working to craft an HB6 reform plan that has the votes to pass both chambers. The main reform plan, House Bill 798, would delay the start of the bailout until 2022 to provide time for an audit to be conducted.

When asked whether lawmakers were close to a deal, Seitz said, “That’s kind of above my pay grade.”

“Energy Harbor is a corporation under investigation for orchestrating the largest bribery scandal in Ohio history,” Leland said, “and now Republicans want to let it decide whether to take $1.3 billion straight out of the pockets of everyday Ohioans.” https://www.cleveland.com/open/2020/12/energy-harbor-seeks-option-of-turning-down-hb6-nuclear-bailout-money.html