nuclear bailout

Attorney General Dave Yost (R-Ohio) is attempting to block nuclear power plants from receiving what could be more than a billion dollars of ratepayer money from the bailout passed a year ago through HB6. Yost filed a civil case in court, basing the lawsuit off the findings of a federal corruption investigation.

Ohio Regulators Decline to Force FirstEnergy to Hire an Independent Auditor

Sep 18, 2020
First Energy downtown Akron
TIM RUDELL / WKSU

Regulators are requiring FirstEnergy to show that its Ohio utility ratepayers didn’t foot the bill, "directly or indirectly," for political or charitable spending in support of the state’s nuclear and coal bailout bill.

Former House Speaker Larry Householder (R-Glenford) has pleaded not guilty in federal court to charge of racketeering. Householder, who was among the most powerful Republican leaders in the state, is accused of taking part in a bribery scheme in exchange for passing a nuclear power plant bailout.

Ohio’s Secretary of State is accusing fellow Republican and former Ohio House Speaker Larry Householder of 162 violations of campaign finance laws, related to the felony criminal charges for bribery and racketeering he’s facing in federal court.

Four major players in Ohio's capital have pleaded not guilty to federal racketeering charges. They're accused of being part of a bribery scheme that pushed for the passage and defense of the nuclear power plant bailout.

With a vote set to remove House Speaker Larry Householder tomorrow morning and just two candidates in the race to replace him, there’s apparently a disagreement among Republicans on how that can happen.

As the calls for a repeal of the state's nuclear power plant bailout grow louder, there are legislators who are standing by the law that made sweeping changes to Ohio's energy policy. One vocal supporter says the bailout is still what's best for Ohioans. 

A photo of Perry Nuclear Plant
JERRY SHARP / SHUTTERSTOCK

The head of an energy research nonprofit in Cleveland hopes the corruption scandal surrounding a utility bailout will ultimately help Ohio move forward. Sandy Buchanan is the executive director of the Institute for Energy Economics and Financial Analysis.

She wants to see House Bill 6, the bailout that saved FirstEnergy’s nuclear plants, repealed but not replaced.

She said the bill is poor policy and holds Ohio back.

FirstEnergy held an earnings call Friday, just days after federal agents subpoenaed the company as part of a racketeering investigation. The allegations say millions of dollars went into a dark money organization that ended up benefitting House Speaker Larry Householder (R-Glenford).

The criminal activities Ohio’s House speaker and some other political operatives are accused of doing couldn’t have happened without one thing – dark money. Statehouse correspondent Jo Ingles says this scandal is renewing calls for reform from watchdog groups.

Republican lawmakers say they're working on how to move forward given the recent arrest of House Speaker Larry Householder (R-Glenford), who now faces federal racketeering charges. This could set up a new fight to become the next speaker.

a photo of the Ohio Statehouse
EYE ON OHIO

Both Republican and Democratic Ohio lawmakers are pushing to repeal the state’s nuclear bailout bill after this week’s release of a federal criminal complaint against House Speaker Larry Householder and others. Clean energy advocates say that would be a start, but more is needed to address eight years of lawmakers’ actions to slow the growth of renewables in the state.

a photo of Mike DeWine
THE OHIO CHANNEL

Here are your morning headlines for Thursday, July 23:

State lawmakers are quickly putting a proposal together that would repeal the energy laws created through House Bill 6. It’s a sweeping energy bill that bailed out two nuclear power plants along with making other big changes. However, the bill is now at the center of a federal racketeering investigation.

After Larry Householder’s arrest on racketeering charges, his future as Ohio House Speaker may be cloudy – though he hasn’t said clearly if he will resign. Gov. Mike DeWine has called for Householder to quit, and says he’ll consider taking action if his fellow Republicans in the House do not.

Ohio House Speaker Larry Householder (R-Glenford) has been arrested in connection to a $61 million public corruption racketeering conspiracy case. He and four other defendants are alleged to have been critical players in the push to pass a controversial piece of legislation that upended the state's energy policy.

House Speaker Larry Householder (R-Glenford) has been arrested in connection to a $60 million public corruption racketeering conspiracy case. Federal agents were at his farm in Perry County Tuesday morning.

photo of a power box
JW PHOTOWORKS / SHUTTERSTOCK.COM

For the last decade, Ohio lawmakers were locked in heated debates over how the state should address energy generation, from bailing out nuclear to rolling back green energy standards. With a new law in the books, House and Senate leaders are starting to turn their attention to a different energy debate: grid modernization. 

Ohio Statehouse
CARTER ADAMS / WKSU

The battle over the energy law that starts providing subsidies to Ohio’s two nuclear power plants in 2021 might not be over. The Ohio Supreme Court agreed to decide whether opponents of the law can take it to voters.

Perry Nuclear Plant
Dan Konik

The Ohio Supreme Court has dismissed a case arguing that voters can’t vote on the state's nuclear power plant bailout law. The nuclear power company argued that the rate increases were really a tax increase.

FirstEnergy Solutions, which recently changed its name to Energy Harbor, is set to get about $150 million a year in subsidies through increased rates on electric bills. That bailout was created through House Bill 6.

Republican Jamie Callender acceptins signatures for a petition.
ANDY CHOW / STATEHOUSE NEWS BUREAU

The controversial campaign to put the state’s nuclear bailout law before voters next year is over for now. But Republican lawmakers are bringing back an element of that battle by proposing a plan to ban foreign companies from investing in certain areas of Ohio's infrastructure. 

The House resolution would call for a constitutional amendment that prohibits foreign businesses from having a majority ownership in things like power plants, pipelines, and water.

Perry Nuclear Power Generation Station
TIM RUDELL / WKSU

This week brought a close to one chapter for Ohio's nuclear power plant bailout law, House Bill 6. But another could be starting. The group fighting against the bailout mounted a last minute push for signatures and their campaign could be heading to a new arena.

a photo of the petition
ANDY CHOW / STATEHOUSE NEWS BUREAU

The hotly-contested energy law that bails out nuclear power plants takes effect Tuesday. A group trying to pause the law and put it before voters did not turn in their signatures by the Monday deadline. But the anti-nuclear bailout group is taking a different route.

Ohioans Against Corporate Bailouts says they didn't have enough signatures to qualify for a referendum by the deadline.  

The group's Gene Pierce says their referendum drive has been met with heavy opposition, including ads, mailers, and canvassers who allegedly blocked and harassed signature collectors.

A picture of downtown Cleveland.
WKSU

Here are your morning headlines for Monday, Oct. 21:

photo of House Bill 6 petitioners
ANDY CHOW / STATEHOUSE NEWS BUREAU

Petitioners are giving one last push into the drive that would put Ohio's nuclear bailout law before voters. The referendum effort must file enough valid signatures by Monday afternoon in order to qualify for next year's ballot.

Opponents of the law said it's a corporate bailout for FirstEnergy Solutions. They're also against the coal subsidies and the cuts to green energy policies. That's why they want to put the law on the ballot for a potential repeal.

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