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flag Ohio passes bill ending subsidies for old coal plants, facing potential electricity price hikes.

flag Ohio lawmakers have passed a bill ending subsidies for two unprofitable Cold War-era coal plants, which cost ratepayers nearly $400,000 per day. flag House Bill 15 also requires utilities to justify ratepayer money usage, introduces a school energy efficiency loan program, and ensures refunds for improper charges. flag The bill now awaits Governor Mike DeWine's approval. flag Meanwhile, the Public Utilities Commission of Ohio warns of a price hike for AEP Ohio customers starting June 1st, increasing rates by about 2 cents per kilowatt-hour for those not in aggregation programs or with competitive suppliers.

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