[Congressional Record Volume 169, Number 93 (Wednesday, May 31, 2023)]
[House]
[Page H2669]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         OHIO ENERGY RATE HIKES

  (Ms. KAPTUR asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. KAPTUR. Mr. Speaker, I rise today to address an immense burden 
being shifted onto Ohio electric ratepayers beginning this week while 
Congress works to prevent a national default.
  Ohio customers who buy electricity directly from disgraced 
FirstEnergy Corporation may see rates increase by as much as 47 percent 
starting in June.
  If your energy bill is $50, you will now pay $73.50 a month. If your 
bill is $100 a month on average, you will pay $147 per month. These new 
rates will last through May of 2024.
  The State of Ohio seems to have no problem with a system where 
FirstEnergy, a criminal nuclear enterprise, can shift $1.3 billion in 
their losses to ratepayers. When it comes time to pay its taxes, the 
company has an effective tax rate of negative 1.3 percent. Then 
FirstEnergy bilks millions more from the Federal Government instead of 
paying its fair share.
  As Ohio families struggle to keep up with inflation, put food on the 
table, and pay for childcare, FirstEnergy is squeezing consumers to pay 
for its criminal behavior. For shame. This corruption cannot stand.

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