Ohio could end tainted public subsides for failed coal plants, but lawmakers add a catch to their new energy plans

The bailed-out coal plants were built in the 1950s.
(Adobe Stock photo)

The Ohio legislature finally overhauled subsidies for two failing coal mines that have cost state taxpayers $400,000 per day since 2019. The hefty charges originated in the state's infamous House Bill 6 energy bill that grew into the "largest corruption scandal in state history," reports Julie Carr Smyth of The Associated Press.

House Bill 15 would rid Ohio consumers of the "legacy generation rider” contained in House Bill 6 for the Ohio Valley Electric Corp. "The Ohio Senate passed its version of the legislation in a rare unanimous vote Wednesday, before sending it back to the Ohio House," Smyth explains. "The bill goes next to Gov. Mike DeWine, whose office said he is reviewing the amended measure."

Beyond ending expensive subsidies, the bill "requires utilities to routinely come in for rate cases and justify how they spend ratepayer-collected money," Smyth reports. It contains a loan program to lower energy costs for public schools and ensures consumers are refunded for incorrect charges.

The subsides' corruption history is one that current Ohio lawmakers have sought to decry and erase. State Rep. Casey Weinstein's commented on the scandal saying: "It was an outrageous misuse of public funds — sending hundreds of thousands of dollars a day to an aging coal plant in Indiana. Putting an end to that is a victory for ratepayers across the state."

Even as lawmakers cheer their success, the state's new energy bills are being met with mixed responses. Cathy Cowan Becker writes in her opinion for the Ohio Capital Journal, "Ohio could finally see the end to some of the worst aspects of 2019’s House Bill 6 — which David Roberts of Vox called 'the worst energy bill of the 21st century.'"

As Becker writes, "That is great news — but it [could] come at a high cost. Instead of bailing out coal and nuclear plants, Ohioans could find themselves living next to large gas plants, pushed through a fast-track approval process without local approval, supplied with gas from fracking our parks."