The costs that Ohioans are paying to subsidize the uneconomic OVEC coal-fired power plants continue to pile up. OMA’s energy engineering consultant, RunnerStone LLC, has reported that Ohio’s electric utilities are forecasting the OVEC coal-fired power plants to lose $53.9 million in the first half of 2025. This brings a total of $80.6 million subsidized by Ohio’s ratepayers in just the first half of 2025.

Based on historical and predicted future electricity prices, RunnerStone estimates Ohioans could subsidize OVEC’s utility owners over $1.1 billion total by 2030. 12/19/2024