A coal company, Resource Fuels, received $12.6 million above market prices to supply one of the 1950s-era plants subsidized by Ohio House Bill 6, which is 50 times the amount it donated to the dark money group at the center of the law. The report suggests that as a result of HB 6’s coal subsidies, Ohio ratepayers have been paying utilities for their share of OVEC’s costs exceeding their revenue. An evidentiary hearing regarding the cost of subsidized coal plants ended last week, but it is unclear when regulators will issue rulings. In a separate case, opponents are urging regulators to deny or limit more customer charges from FirstEnergy, arguing that these rider items should be considered in the company’s full rate case to be filed next May. Former Ohio House Speaker Larry Householder and lobbyist Matt Borges have appealed their criminal convictions but have not yet filed their briefs, nor have the Department of Justice filed additional criminal charges related to HB 6.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
