Wednesday, April 24, 2024
Tags Posts tagged with "House Bill 6"

Tag: House Bill 6

The Energy Jobs & Justice Act would require retail electric providers to submit carbon reduction plans to the Public Utilities Commission of Ohio detailing how they will reach a 50% in carbon emissions by 2030 and 100% reduction by 2050.

The $6.6 million collected from ratepayers was part of more than $24 million in payments identified by FirstEnergy as “improperly classified, misallocated or lacked supporting documentation” in a report to the SEC. A dozen of those payments were to Tony George, a Cleveland businessman; two went to Sam Randazzo, former PUCO chief who resigned last fall after the FBI raided his home in connection with the FirstEnergy/House Bill 6 investigation.

Gov. Mike DeWine signed legislation last week to repeal parts of the controversial House Bill 6, including the $1 billion nuclear plant bailout. But millions in subsidies for aging coal-fired power plants and yet-to-be-built utility-scale solar farms remain.

Gov. Mike DeWine announced Jenifer French as his choice to succeed Sam Randazzo, who resigned Nov. 20 after the FBI raided his home.

FirstEnergy and the Ohio Attorney General’s office came to an agreement on the House Bill 6 decoupling clause guaranteed profits for the energy company.

A Franklin County judge blocked fees that were to be tacked onto Ohioans’ electric bills as part of the House Bill 6 $1 billion nuclear plant bailout.

Calls to repeal House Bill 6 have gotten louder after Sam Randazzo, chairman of the PUCO, resigned Nov. 20 after the FBI raided his home.