HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » Ohio (Group) » Bailout of 2 Ohio nuclear...

Sun Jun 11, 2017, 02:02 PM

Bailout of 2 Ohio nuclear plants stalls in Statehouse

CLEVELAND (AP) A proposed bailout for Ohio's two nuclear power plants that would lead to rate increases for FirstEnergy customers appears to be stalled in the Legislature.

One legislative committee considering the idea suspended testimony last month amid protests against the plan while another committee held its fourth hearing this week without taking a vote.

Much of the written testimony submitted to lawmakers opposes a plan that could lead to $300 million a year in new charges for FirstEnergy customers, The Plain Dealer (http://bit.ly/2sboxIU) reports.

FirstEnergy's average residential customer would pay about $5 more per month, while businesses and factories would see much larger increases if the Legislature approves the bailout.

Read more: http://www.lmtonline.com/news/article/Bailout-of-2-Ohio-nuclear-plants-stalling-at-11210342.php?ipid=hpbusiness

1 replies, 3015 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 1 replies Author Time Post
Reply Bailout of 2 Ohio nuclear plants stalls in Statehouse (Original post)
TexasTowelie Jun 2017 OP
irisblue Jun 2017 #1

Response to TexasTowelie (Original post)

Sun Jun 11, 2017, 02:22 PM

1. Hand of the 'free market' on rich mans throat public bailout now!

No sympathy here for them.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread