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Plan to rescue Ohio's nuclear plants clears Ohio House

US nuclear plant up for sale at fraction of cost
Posted at 6:05 PM, May 29, 2019
and last updated 2019-05-29 18:05:04-04

COLUMBUS, Ohio (AP) — A plan to add a new charge to Ohioans' electric bills to financially rescue Ohio's two struggling nuclear plants has cleared the Ohio House over the objections of clean energy advocates.

The bill approved Wednesday would repeal renewable energy standards that require investment in alternative energy options, such as wind and solar. It also eliminates clean air incentives for renewable energy projects.

Majority Republicans backing the bill over Democrats' objections want to help nuclear plants that FirstEnergy Solutions says will close unless the company gets help reducing costs.

The plan generates about $200 million annually through charges tacked onto monthly residential and business electricity bills.

The bill heads next to the Senate.