Energy Tomorrow Blog
Nuclear Gets Its Bailout, Ohio Ratepayers Get the Bill
ohio nuclear subsidy consumers
Mark Green
Posted July 25, 2019
With Ohio’s passage of a corporate bailout for nuclear and coal-burning power plants – a consumer-funded subsidy that could amount to more than $1 billion through 2027 – Columbus Dispatch metro columnist Ted Decker lamented: Why are ratepayers paying the price for one company’s ineptitude?
A great question that apparently didn’t register with a majority in the state legislature or Gov. Mike DeWine. Then again, they weren’t persuaded to back off the subsidy plan when confronted by Ohio public opinion, which overwhelmingly opposed docking the state’s ratepayers on a monthly basis to bail out two nuclear power plants.