Megan Wittman, megan.wittman@sierraclub.org
COLUMBUS, Ohio – Today, Governor DeWine signed HB15 into law, repealing the OVEC coal plant bailout within the omnibus energy bill. Since its passage in 2019, the infamously corrupt House Bill 6 has cost Ohio electric customers over $474,000,000– nearly half a million dollars every day to cover the financially-failing OVEC coal plants and bad business decisions of the Ohio electric utilities that own the plants.
In response, Neil Waggoner, Midwest Beyond Coal Campaign Manager, issued the following statement:
“The OVEC bailout has not only been a massive financial burden for Ohio electric customers, but a dark shadow over our state’s reputation. As a result of HB6, for the last six years, customers have had to pay nearly half a million dollars a day after being forced to shoulder the responsibility of bad business decisions by Ohio electric utilities. Ohioans have long been fed up with keeping this expensive, no benefit, indefensible bailout in place. We appreciate the nearly unanimous bipartisan support in the legislature to repeal the bailout, and Gov. DeWine’s swift action to finally put an end to this.”
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