Dive Summary:
- After months of public testimony, Ohio lawmakers are now taking their time to re-write a bill to replace the state’s current law on clean energy which requires utilities to get 25% of electricity from renewables by 2025.
- FirstEnergy has led criticism of the state mandate, tossing in doom-scenarios from delayed economic recovery to explosive electricity prices.
- But the Ohio Manufacturers' Association and environmental groups are fighting back with studies that show Ohio will save $5.6 billion by 2020 with the clean energy regulation.
From the article:
“Supporters of the law have said that FirstEnergy is being disingenuous in saying it's fighting for consumers' interests.”