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Ohio regulators OK 2 deals that subsidize older power plants

2016-04-01 00:06:52| Energy - Topix.net

Regulators in Ohio approved two closely watched energy deals on Thursday allowing two utility companies to impose short-term rate increases on electricity customers to subsidize some older coal-fired and nuclear power plants. The Public Utilities Commission of Ohio took a single combined vote on the power purchase agreements, which were separately filed by Akron-based FirstEnergy and Columbus-based AEP.

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