TOLEDO, Ohio (AP) – 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.
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4/20/2019 9:26:37 AM (GMT -4:00)