Ohio’s Nuclear Plants May Get Financial Rescue from State< < Back to
TOLEDO, Ohio (AP) – Lawmakers backed by the leader of the Republican-controlled Ohio House are rolling out what may be a final legislative shot to save the state’s two nuclear plants.
The plan announced Friday includes a $2.50 charge on all residential electrical bills across the state that would generate about $300 million annually.
Half of that could go toward propping up the nuclear plants near Toledo and Cleveland.
Backers say the plan isn’t just about the nuclear plants. They say it will end up saving most electric customers money because it also calls for getting rid of renewable energy mandates.
FirstEnergy Solutions has said it plans to close both of its nuclear plants by 2021 unless it can find a buyer or the government helps ease the costs of operating them.