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Home / Newsroom / Press Releases / With Nuclear Subsidies Ended, Ohio’s Energy Future Is Bright

March 31, 2021

With Nuclear Subsidies Ended, Ohio’s Energy Future Is Bright

By EPSA

Statement from EPSA President and CEO Todd Snitchler on Signing of Ohio H.B. 128

For Immediate Release: March 31, 2021

Contact: Christina Nyquist | cnyquist@epsa.org

WASHINGTON, D.C. – The head of the Electric Power Supply Association (EPSA), Todd Snitchler, released the following statement following Ohio Gov. Mike DeWine’s signing of House Bill 128 (H.B. 128) today. H.B. 128 ends the customer-funded subsidies for Energy Harbor’s nuclear plants, which were created as a result of the scandal-tainted House Bill 6 (H.B. 6) promoted by FirstEnergy Corp. and FirstEnergy Solutions.

“Today is a long-awaited day for Ohio families and businesses. The nuclear subsidies included in H.B. 6 were unnecessary and unjustified, and only passed due to the alleged unprecedented corruption in the legislative process and referendum effort. The H.B. 6 debacle shows that politically motivated efforts to subsidize favored energy resources at the behest of powerful and well-funded interests invites malfeasance, undermines competition and innovation, and drives up costs for consumers without ensuring better energy solutions for those paying the bill.

There is still work to be done – the remaining elements of H.B. 6 should be next on the Legislature’s agenda and resolved swiftly. We are hopeful that Ohio can now begin to move forward – with a brighter, more affordable, and cleaner energy future delivered through fair market competition and driven by consumer choice.”

EPSA is the national trade association representing competitive power generators operating in Ohio and throughout the U.S. Competitive electricity markets serving Ohio customers have resulted in wholesale power generation prices that are at historic lows – while also providing substantial reliability benefits and reducing carbon emissions.

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The Electric Power Supply Association (EPSA) is the national trade association representing America’s competitive power suppliers. EPSA members provide about 150,000 MW of reliable and competitively priced electricity from environmentally responsible facilities using a diverse mix of fuels and technologies including natural gas, wind, solar, hydropower, geothermal, storage, biomass, and coal. EPSA seeks to bring the benefits of competition to all power customers. Learn more at www.epsa.org and connect with us on LinkedIn and Twitter @EPSAnews. 

Filed Under: Press Releases Tagged With: Ohio, Ohio HB6

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