Nuclear operator: Closing plants would be felt around Ohio

Published: Apr. 20, 2019 at 2:09 PM EDT
Email This Link
Share on Pinterest
Share on LinkedIn

The operator of Ohio's two nuclear plants says electric bills around the state will surely go up if the plants shut down within the next two years.

Backers of a proposal under consideration in the Legislature say that the economic impact of FirstEnergy Solutions closing the plants would be more costly than throwing them a financial lifeline.

They also say the impact would be felt statewide in the form of higher utility bills.

Lawmakers are debating legislation that would add a $2.50 monthly charge to all residential electric bills, with half of the $300 million raised going to nuclear plants near Toledo and Cleveland.

Opponents say the money would be a bailout for a nuclear industry that can no longer compete against cheaper natural gas power plants.