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$105 million in coal plant subsidies approved by PUCO

The Kyger Creek Station along the Ohio River in Cheshire is one of two coal-fired power plants that belong to the Ohio Valley Electric Corporation. The other, Clifty Creek Station, is in Madison, Ind.
Karen Kasler
/
The Statehouse News Bureau
The Kyger Creek Station along the Ohio River in Cheshire is one of two coal-fired power plants that belong to the Ohio Valley Electric Corporation. The other, Clifty Creek Station, is in Madison, Ind.

The Public Utilities Commission of Ohio (PUCO) voted this week to approve $105 million in subsidies incurred by two coal power plants, one of which isn't in the state.

The commission's order adopted the findings of an auditor which concluded that the costs of the rider charged for AEP Ohio, AES Ohio and Duke Energy Ohio were appropriate.

Advocates for Ohio's electric customers argued against the subsidies for 2020 plant operations. They argued the plants were run inefficiently and the losses should fall on the conglomerate of energy companies that own the facilities — the Ohio Valley Electric Corporation, which AEP Ohio, AES and Duke are a part of.

The subsidies were enabled by the corruption-laden House Bill 6, but had to be approved by state regulators.

Listen: The Power Grab Goes Behind-The-Scenes Of The Nuclear Bailout Scandal.

Some of House Bill 6 was repealed after an investigation uncovered the largest bribery scandal in Ohio history and led to criminal charges against several Ohio officials, including former Ohio House Speaker Larry Householder.

The subsidies were not repealed, though some lawmakers have introduced stalled bills in an effort to do so.

PUCO has approved subsidies to the plants in other years, too.

It's predicted to cost consumers $1 billion by 2030.

Renee Fox is a reporter for 89.7 NPR News.