This week, OMA Managing Directors Lindsey Short and James Lee, along with OMA’s energy engineer, John Seryak, met with the newly appointed Ohio House Energy Chairman Adam Holmes. The OMA staff discussed the importance of affordable, reliable energy to the manufacturing industry while maintaining energy markets free from market manipulation.
The discussion primarily focused on newly introduced House Bill 15, which lays out a plan for significant energy policy reform. Key highlights of the bill include a repeal of electric security plans (ESPs), which have allowed utilities to add riders onto customers’ bills. Another component of the bill is the repeal of OVEC coal-fired power plant subsidies that ratepayers are currently on the hook for.
Attend the March 13 OMA Energy Committee for updates on the bill’s progress. 1/27/2024