MARYLAND — “This week Ohio Sen. Bill Seitz, R-Cincinnati, is expected to introduce a bill that shortens the freeze from ‘indefinite’ to three years, ending on Dec. 31, 2019. Seitz said it’s an attempted compromise with the governor.
The governor’s office said he won’t comment on pending legislation.
…The Republican said the 25 percent level was too high, which would mean Ohio would have to buy its power out of state and would raise costs for manufacturers. (Ohio is part of PJM Interconnection, a regional transmission grid covering 13 states, so we already get power from out of state. Concerns about buying out-of-state power was a tactic Ohio utilities American Electric Power Company Inc. (NYSE:AEP) and FirstEnergy Corp. (NYSE:FE) used to help secure income guarantees from state regulators three weeks ago).
Common sense can figure out the issue, Kasich said. Otherwise, the standards will reset, which many conservative lawmakers don’t want.
‘That’s called leverage,’ Kasich said. ‘I have leverage.'”
— Tom Knox, Columbus Business First
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