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Day two of David Pecker testimony wraps in NY Trump trial; Supreme Court hears arguments on Idaho's near-total abortion ban; ND sees a flurry of campaigning among Native candidates; and NH lags behind other states in restricting firearms at polling sites.

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The Senate moves forward with a foreign aid package. A North Carolina judge overturns an aged law penalizing released felons. And child protection groups call a Texas immigration policy traumatic for kids.

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Wyoming needs more educators who can teach kids trade skills, a proposal to open 40-thousand acres of an Ohio forest to fracking has environmental advocates alarmed and rural communities lure bicyclists with state-of-the-art bike trail systems.

Ohio Coal Plant Bailout Denied: Is the Devil in the Details?

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Thursday, February 26, 2015   

COLUMBUS, Ohio - American Electric Power customers will not have to bankroll the operations of two aging coal plants. The Public Utilities Commission of Ohio on Wednesday denied AEP's power-purchase agreement that would have allowed the company to increase rates to pay for extra costs related to operating the plants.

Dave Rinebolt, executive director with Ohio Partners for Affordable Energy, says consumers will benefit now from the decision but the devil is always in the details.

"Consumers are at risk in the future for having to pay and guarantee profits from utility-owned power plants because the commission said the idea of paying those profits is a good one," says Rinebolt.

Rinebolt explains the PUCO left the door open for other utilities to submit similar power-purchase agreements. First Energy has filed a similar proposal for the Davis-Bessie nuclear power plant and the W.H. Sammis coal-fired plant and Rinebolt says AEP has filed to have customers subsidize five other power plants.

The utilities say purchase power agreements provide stability in a volatile electric market and the commission said it would approve those kinds of plans if that's the case. But Rinebolt argues there is no guarantee rates won't fluctuate.

"There is no evidence this will actually be the outcome," says Rinebolt. "Bottom line for customers, if these power-purchase agreements are approved, plan on paying and paying and paying for a power plant you already paid for once."

A poll released last year found a strong percentage of Ohio electricity customers are not in favor of paying more to keep aging coal plants in operation.


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