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Home > PUCO Rejects Deal To Have Ratepayers Subsidize a Coal-Fired Power Plant

PUCO Rejects Deal To Have Ratepayers Subsidize a Coal-Fired Power Plant [1]

"COLUMBUS, Ohio -- The Public Utilities Commission of Ohio made history Wednesday in a ruling refusing to allow AEP Ohio to saddle ratepayers with extra charges to subsidize the continued operation of a 1950s-era coal-fired power plant that it owns along with FirstEnergy and other state utilities.

The decision to reject AEP's request for a subsidy -- immediately applauded by some consumer and environmental groups -- sends a shot over the bow of FirstEnergy's similar proposal and could jeopardize the continued operation of the Davis-Besse nuclear power plant and the W.H. Sammis coal-fired power plant on the Ohio River.

FirstEnergy has argued that it cannot guarantee the continued operation of Sammis and Davis-Besse without a special "power purchase agreement" or PPA, that would force all FirstEnergy customers to pay extra charges to keep Sammis and Davis-Besse running even though the electricity they generate is often more expensive than the power available in wholesale markets."

John Funk reports for the Cleveland Plain Dealer February 25, 2015. [2]

Economy & Business [3]
Energy & Fuel [4]
Laws & Regulations [5]
Great Lakes (IL IN MI MN OH WI) [6]
Public [7]
Source: Cleveland Plain Dealer [2], 02/27/2015
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Source URL:https://www.sej.org/headlines/puco-rejects-deal-have-ratepayers-subsidize-coal-fired-power-plant

Links
[1] https://www.sej.org/headlines/puco-rejects-deal-have-ratepayers-subsidize-coal-fired-power-plant [2] http://www.cleveland.com/business/index.ssf/2015/02/puco_rejects_deal_to_have_rate.html [3] https://www.sej.org/category/topics-beat/business [4] https://www.sej.org/category/topics-beat/energy [5] https://www.sej.org/category/topics-beat/laws [6] https://www.sej.org/category/region/national/great-lakes [7] https://www.sej.org/taxonomy/term/81