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Vote nears on financial rescue for Ohio's nuclear plants

Posted: 2:28 PM, Jul 17, 2019
Updated: 2019-07-17 14:28:55-04
US nuclear plant up for sale at fraction of cost

COLUMBUS, Ohio (AP) — State lawmakers are closing in on a decision on whether to OK a financial rescue for Ohio's two nuclear plants.

The proposal before the state legislature would give the plants $150 million a year by adding a new fee onto every electricity bill in the state.

Votes could take place Wednesday in both the Ohio House and Senate.

FirstEnergy Solutions says it needs a financial lifeline to keep open its nuclear plants near Toledo and Cleveland. It says the company will be forced to close them by next year, if it doesn't get help from the government.

Opponents say the plants are outdated and giving them a financial lifeline would give the nuclear industry an unfair advantage over other power plants and energy sources.