Northwest Ohio Aggregation Coalition (NOAC) to Oppose FirstEnergy Bailout, File with Federal Energy Regulatory Commission, & Ask Kasich to Stop Deal.
The Northwest Ohio Aggregation Coalition (NOAC) will host a press conference in opposition to the proposed First Energy $3 billion bailout TODAY, February 16, 2016, at 10:30 A.M.
NOAC (the communities in Lucas County and Northern Wood County who purchase electric for their residents and small businesses through their aggregations) will outline new steps in its 18-month battle to stop a major bailout of FirstEnergy’s aging and inefficient plants. Projections show that the deal before the Public Utilities Commission of Ohio will impose a $3 billion regulatory tax on FirstEnergy’s electric customers. The burden on residents and small businesses will be steep—essentially they will pay an extra month’s electric bill each year for the next eight years, totaling about $800 for a family.
NOAC—for the first time ever—will file with the Federal Energy Regulatory Commission today in order to show that FirstEnergy’s Purchase Power Agreement is harmful to our residents and communities. NOAC communities, including the Board of Lucas County Commissioners, will also call on Governor Kasich to oppose this bad deal.
Press Conference Details
Lucas County Commissioners Pete Gerken, Tina Skeldon Wozniak, & Carol Contrada
NOAC Members (Invited: Maumee, Northwood, Oregon, Perrysburg, Sylvania, Toledo, the village of Holland and the unincorporated townships of Lucas County)
Tom Hays, NOAC Attorney
NOAC Opposes FirstEnergy Bailout, to File with Federal Energy Regulatory Commission
One Government Center, First Floor (Outside Commissioners’ Chambers)
TODAY, February 16, 2016 at 10:30 A.M.