Ohio's Electricity Providers Seeking State 'Bailout'

Debate Comes Against Backdrop of Frozen Energy Standards in Ohio

The three largest electricity providers in Ohio — FirstEnergy (the Northeast Ohio-based company we'll focus on here), AEP, and Duke — are hoping the state will approve individual plans to keep their older power plants operating. The proposals — "bailouts," essentially, as critics put it — would lock in fixed-rate contracts for customers, regardless of fluctuating market price.

One Paragraph in One Bill Could Shut Down Alternative Energy in Ohio

Critics say the energy standards freeze includes a 'nuclear bomb' for investors.

Advocates for alternative energy are voicing their opinion on a provision that was slipped into the most recent version of the energy standards freeze bill. As Statehouse correspondent Andy Chow reports, they fear it could dramatically change the energy landscape in Ohio.

Experts say a clause in the energy bill would deliver a major blow to alternative energy investment in Ohio.