Veteran state representative Bill Seitz (R, Cincinnati) this week sounded the alarm to conference-goers that the power grid would soon collapse without legislation to reverse Ohio’s deregulation of electric generation, according to Hannah statehouse news.
Calls for reregulation have been mounting with scant evidence of a good justification to abandon markets. The OMA agrees that future shortfall risks should be taken seriously, but the rumored growth projections are overstated, and they’re being used to justify expensive investments that utilities will pass onto their customers without corresponding benefits. Deregulation, while imperfect, is still providing considerable untapped potential for Ohio’s manufacturers and the economy.
Manufacturers are invited to the upcoming OMA Energy Committee meeting on Nov. 7.10/22/2024