Bailout of 2 Ohio nuclear plants stalling at Statehouse - News, Weather, Sports, Toledo, OH

Bailout of 2 Ohio nuclear plants stalling at Statehouse

(Source: WTOL) (Source: WTOL)
(AP) -

 A proposed bailout of Ohio's two nuclear power plants appears to be stalled in the state Legislature.

An Ohio Senate committee has held its fourth hearing on a plan that could lead to $300 million in new charges annually for FirstEnergy customers. The committee has yet to vote on the proposal.

A House committee last month suspended testimony because of protests by consumer, business and energy groups.

The Plain Dealer reports that much of the testimony submitted to lawmakers opposes the proposal.

The plan calls for a special charge for FirstEnergy's Ohio customers the company says is needed to secure the future of its aging Davis-Besse (BES'-ee) and Perry nuclear plants in northern Ohio.

The two plants combine to generate 14 percent of Ohio's electricity.

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