Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Here's your Channel nine weather. It's going to be dry
most of the day. After five pm, we get an
opportunity for some spotty showers, maybe some storms. Seventy two
for the high. Opportunity for storm and rain ends around midnight.
Sixty one overnight low seventy seven to high for tomorrow,
with a showers and storms showing up in the afternoon
and evening. Overnight scattered storms are possible fifty nine for
low and on Friday, spotty showers continue with high of
(00:22):
sixty nine. It's fifty eight degrees right now. Time for traffic.
Speaker 2 (00:26):
You see how Traffic Center. You see how weight Boss
Center offers comprehensive obcity care and advanced surgical expertise called
five one and three nine three, nine two two sixty
three and that's nine nine twenty two sixty three. Crews
continue to work with the wreck of north Pound seventy
five at Dixie that backing traffic to Burlington Pike then
slowed through the cut to an accident on eastbound Fort
(00:48):
Washington Way right ling block. They just stopped all traffic
eastbound on two seventy five and Hamilton Avenue to move
a wreck over to the right shoulder of the ramp.
Chuck Ingram on fifty five care seen the talksatock.
Speaker 1 (01:02):
Krc DE talk station. Very happy Wednesday too, Donald and
Neil Americans for Prosperity can give us the info and
low down on Ohio's energy bill which apparently is coming
up for a vote. Dona, what's the story on this one?
Speaker 3 (01:15):
Well, yeah, you know, we've had for a number of years,
and I've been on your show talking about it. Brian,
the many, many bad ideas coming out of Columbus when
it comes to energy policy.
Speaker 1 (01:26):
Continuing a theme bad ideas, anyway, go ahead, there you go.
Speaker 3 (01:32):
But there's some good stuff on the horizon, right And
we missed something we had heard a lot from folks,
and we had actually released a study alongside the Buckeye
Institute earlier this year outlining better energy policy for Ohio.
The good news is today, yesterday the Senate voted out
of commenial send of the floor today a bill from
(01:54):
the House to increase energy generation here in the state,
eliminate subsidies and make it easier and more accessible to
the marketplace for both consumers and the way that the
energy distribution utilities make their their rates. That we pay
on our utility bills. Ideally that goes to the House
later today and we'll have this to the Governor's desk
(02:17):
here in the coming weeks assigned into law. It's the
biggest in twenty five years since the deregulation efforts of
the late nineties. One of the most free market piece
of legislation on energy policy the state has seen in
a quarter of a decade. And we're really excited to
see this thing follow through and move.
Speaker 1 (02:34):
By the end of the day to day. Well kind
of to the chase. What does this mean for the
rate payers or what do you anticipate this will mean
for ratepayers?
Speaker 3 (02:42):
Well, right out of the gate, we're going to eliminate
subsidies that you're paying on your bill eighty million dollars
according to the Manufacturers Association of State of Ohio, eighty
million dollars this year's forecasted if these subsidies remained in place,
that rate payers you and I Brian on our home
util bills would be paying in.
Speaker 1 (03:02):
For what kind of what kind of activities, what subs
What is being subsidized.
Speaker 3 (03:07):
So it's being subsidized. Are two coal plants, one in
the state of Ohio. I understand in the state of
Indiana that are held over from Cold War era that
we continue to subsidize through what's going as the OVX
subsidies that we're at the heart of the Hospital six scandal.
Speaker 1 (03:29):
Interesting, So a subsidy is something that that's that runs
along with obviously runs along with the money we pay
for the power generation. I mean, aren't we already paying
for the power generation? Why do they need to be subsidized?
And I guess how did this thing end up hanging
around for so many years and decades?
Speaker 3 (03:48):
Actually, well, like a lot of pieces of energy, and
the way that energy policy has often been done right
is that we'll, you know, assettle, lawmakers will identify a
favored energy generation. Our friends in the left love wind
and solar, some of our friends on the right love
big nuclear and coal. And that what when I say
(04:09):
all that, right, I'm not slashing any one of those,
I'm slashing the idea that, hey, in order to do
energy policy, I have to do good for my friends
and the other guys be damned, right.
Speaker 1 (04:21):
I gotcha.
Speaker 3 (04:21):
In this case, what we're doing is saying, let's create
a fair market, let's not subsidize one favorite industry over
the other. Let's let the market decide and consumers will win.
Speaker 1 (04:32):
All right. Now, I note in the notes that this
legislation will ensure market forces and not bureaucrats and utility
lawyers decide energy prices. That means there's going to be
some semblance of reality related to how much it costs
to generate the power to what we're going to be
paying for it.
Speaker 3 (04:49):
That's right well, And part of what this does is
when we deregulated back in the late nineties, the idea
was is that the distribution utilities, the duke energy is
the first energy is the world AP's of the world
would go out to the market and build their service
offerings based around real world prices. But they failed to
(05:10):
do that because they're clever and they they're they're looking
out for their bottom line, and so they went out
and they started creating doing it in other ways and
working with the regulators to do that. This makes very
clear that the only way State of Ohio you can
determine energy prices is through market rate offers, market service offers.
And so what that's going to enable us to do,
(05:30):
right is really see the real price of energy and
what it's going to cost to get it delivered to
our homes, ensuring that again the market decides and consumers
win well.
Speaker 1 (05:44):
And finally, I note that it's supposed to be it'll
speed up new energy generation in Ohio. And I'm one
of those big fans of modular nuclear plants, and I've
already talked with the veak Ramaswami about his perception of
nuclear and he embraces it wholeheartedly and believes that we
should be the number one, you know, a state in
the Union for modular nuclear because it provides consistent, reliable,
(06:06):
carbon free energy if people care about carbon. I don't
know why we've always stood in the way of these
moving forward on this. Are we going to be able
to have that and will it be able to be
actually an achievable goal or is this just something that's
going to be put on paper and delayed for decades.
Speaker 3 (06:22):
Well, I think that's the idea. One of the things here, right,
I think we've got to remember is there's a couple
of layers. You've got the state and then you've got
the federal government. Right that we've got to work through
on the state level. This solves that problem. We still
need the federal government in the Trump administration in Congress
to do some of its work to make sure that
we can approve things like like like these small modular
(06:42):
nuclear reactors and most importantly, improvem in a timely manner.
Here in Ohio. What I think we got that's going
for us on that front is they speed up the
power sighting board process. If you want to put a
small modular clear reactor in one of these identified brownfield zones,
they're going to be to get an answer on that
within forty five days. So you're waiting three years, Yeah,
(07:04):
forty five days the bureaucrats have to get you an
answer back. In other cases it's less than a year.
And so the legislature is making very clear you can't
slow walk new projects. You really get if this generation
is the application is complete and filed, you've got to
give these folks an answer, as well as lowering tangible
personal property taxes to make sure that you know, folks
are incentivized to build their energy projects here in Ohio,
(07:27):
not in other states. And so I think this sends
a big signal and makes all how a big bright
shining light and saying, hey, if we need if we're
going to need to solve our energy generation problem in
this country to handle the jobs we're trying to bring
back to this country. Ohio is the place to cite
your energy projects, and we're going to do it in
a free market manner that rewards puts consumers at the
top of the pyramid, not energy companies.
Speaker 1 (07:50):
Well I like that, Okay, So forty five days to
approve it or deny it. Now, if they fail to
approve within forty five days and get provided answers, that
means it's automatically approved. Is it the default that that
will be approved? Because I know, in spite of the
rules and what are they're obligated to do, quite often
they ignore them. Maybe they're gonna have to run into
court to get a decision made. Or is there is
(08:10):
it built in there that it's just going to be
approved that they failed to do it in a timely fashion.
Speaker 3 (08:15):
My understanding is that if the if the regulators fail
to act, the project will be defaulted to an approval.
Speaker 2 (08:21):
Good.
Speaker 3 (08:21):
So this keeps these things moving, and that's that's the idea.
And you think about things like the Keystone Excel pipeline, right,
that's constantly a topic of debate in national politics. The
problem there was you have one party in power for
a couple of years who slow walk it, and the
other who tries to get it done, and then they
slow walk. Their parties switch and they slow walk it.
(08:41):
We just need to make these decisions, Brian, so that
we can get energy, you know, energy generation onto the
grid and running oh other thing on the micro on
the small modular reactors behind the meter. So there's going
to be increased opportunities for folks like the big data
centers that are large consumers of energy to create their
own energy generation without putting taxpayers on the hook.
Speaker 1 (09:02):
Good.
Speaker 3 (09:03):
The other problem we see there is getting interconnected into PGM,
And so if we can speed up the ability for
data centers or other big users to generate their own energy,
they can get their energy online, get their jobs going,
get their production moving, and then figure out the interconnection
to PGM so the rest of the grid can access
that energy down the line. I think that's important again
(09:24):
to one protect rate payers and two speed up the
necessary generation of new energy we want in the state.
Speaker 1 (09:31):
Yeah, they have the demand. If they can be free
to generate that electricity, you know, the general population is
probably going to be able to glom onto that because
they don't need all electricity generated by a small nuclear reactor.
I mean, that's sound policy right there, Donovan and Neil,
Americans for Prosperity. What is anything we can do to
help this process along? Or is it a foregone conclusion
(09:52):
at this point?
Speaker 3 (09:53):
Well, we're hoping it's a foregone conclusion, and that's rare, right,
Usually we're fighting bad ideas, but we believe this is
going to move through today. What we're gonna need listeners
to do is once this gets done later today, we're
gonna have a call to action to thank your lawmakers
because they've been up against a lot of heavy pressure
from the utilities. So we're gonna have folks reaching out
to thank lawmakers. I'll follow back up next time I'm
(10:14):
on the show and give folks that call to action.
Speaker 1 (10:17):
If that's all right with you, No, that's wonderful. Praise
them when they're doing the right job, and give them
hell all the time when they're doing the wrong job,
because nine times out of ten it falls into the
latter category, which is why we have Americans for Prosperity.
Donald and Neil, keep up the great work. I'll look
forward to our conversation next week. My friend Brian always
going to be with you. Seven to fifty one here
if it's five k se de talk stations. Speaking of energy,
(10:37):
Color Electric, heck yeah, Colin Electric, that's who I rely on.
I have for years and years. They'll do great work
for you, great customer service. You can't beat Color Electric
for all residential electric projects. They are the one to
call and you can tell and your coluing that Brian said, Hi,
when you do that customer services I mentioned is fantastic.
I always think of Lily. She's just an awesome electrician,
(10:58):
been with them for a couple of decades and she
is a firecracker, keeping the crew in line, in in order.
They're all licensed obviously electricians, and of course cullen enjoys
an A plus with a better business bureau. You get
a ten year wiring warranty on anything they do for
you from an outlet installed, rewiring your entire house, getting
rid of the old knob and tube or aluminum wiring.
So if you got an electric project in your home,
(11:18):
give Cullen a call. Five one three two two seven
four one one two five one three two two seven
four one, one two online Cullen c U, L L
E N. Cullenelectriccincinnati dot com.
Speaker 3 (11:29):
Fifty five KRC.
Speaker 1 (11:31):
So you had a solid retirement dream.
Speaker 3 (11:33):
So
Here's your Channel nine weather. It's going to be dry
most of the day. After five pm, we get an
opportunity for some spotty showers, maybe some storms. Seventy two
for the high. Opportunity for storm and rain ends around midnight.
Sixty one overnight low seventy seven to high for tomorrow,
with a showers and storms showing up in the afternoon
and evening. Overnight scattered storms are possible fifty nine for
low and on Friday, spotty showers continue with high of
(00:22):
sixty nine. It's fifty eight degrees right now. Time for traffic.
Speaker 2 (00:26):
You see how Traffic Center. You see how weight Boss
Center offers comprehensive obcity care and advanced surgical expertise called
five one and three nine three, nine two two sixty
three and that's nine nine twenty two sixty three. Crews
continue to work with the wreck of north Pound seventy
five at Dixie that backing traffic to Burlington Pike then
slowed through the cut to an accident on eastbound Fort
(00:48):
Washington Way right ling block. They just stopped all traffic
eastbound on two seventy five and Hamilton Avenue to move
a wreck over to the right shoulder of the ramp.
Chuck Ingram on fifty five care seen the talksatock.
Speaker 1 (01:02):
Krc DE talk station. Very happy Wednesday too, Donald and
Neil Americans for Prosperity can give us the info and
low down on Ohio's energy bill which apparently is coming
up for a vote. Dona, what's the story on this one?
Speaker 3 (01:15):
Well, yeah, you know, we've had for a number of years,
and I've been on your show talking about it. Brian,
the many, many bad ideas coming out of Columbus when
it comes to energy policy.
Speaker 1 (01:26):
Continuing a theme bad ideas, anyway, go ahead, there you go.
Speaker 3 (01:32):
But there's some good stuff on the horizon, right And
we missed something we had heard a lot from folks,
and we had actually released a study alongside the Buckeye
Institute earlier this year outlining better energy policy for Ohio.
The good news is today, yesterday the Senate voted out
of commenial send of the floor today a bill from
(01:54):
the House to increase energy generation here in the state,
eliminate subsidies and make it easier and more accessible to
the marketplace for both consumers and the way that the
energy distribution utilities make their their rates. That we pay
on our utility bills. Ideally that goes to the House
later today and we'll have this to the Governor's desk
(02:17):
here in the coming weeks assigned into law. It's the
biggest in twenty five years since the deregulation efforts of
the late nineties. One of the most free market piece
of legislation on energy policy the state has seen in
a quarter of a decade. And we're really excited to
see this thing follow through and move.
Speaker 1 (02:34):
By the end of the day to day. Well kind
of to the chase. What does this mean for the
rate payers or what do you anticipate this will mean
for ratepayers?
Speaker 3 (02:42):
Well, right out of the gate, we're going to eliminate
subsidies that you're paying on your bill eighty million dollars
according to the Manufacturers Association of State of Ohio, eighty
million dollars this year's forecasted if these subsidies remained in place,
that rate payers you and I Brian on our home
util bills would be paying in.
Speaker 1 (03:02):
For what kind of what kind of activities, what subs
What is being subsidized.
Speaker 3 (03:07):
So it's being subsidized. Are two coal plants, one in
the state of Ohio. I understand in the state of
Indiana that are held over from Cold War era that
we continue to subsidize through what's going as the OVX
subsidies that we're at the heart of the Hospital six scandal.
Speaker 1 (03:29):
Interesting, So a subsidy is something that that's that runs
along with obviously runs along with the money we pay
for the power generation. I mean, aren't we already paying
for the power generation? Why do they need to be subsidized?
And I guess how did this thing end up hanging
around for so many years and decades?
Speaker 3 (03:48):
Actually, well, like a lot of pieces of energy, and
the way that energy policy has often been done right
is that we'll, you know, assettle, lawmakers will identify a
favored energy generation. Our friends in the left love wind
and solar, some of our friends on the right love
big nuclear and coal. And that what when I say
(04:09):
all that, right, I'm not slashing any one of those,
I'm slashing the idea that, hey, in order to do
energy policy, I have to do good for my friends
and the other guys be damned, right.
Speaker 1 (04:21):
I gotcha.
Speaker 3 (04:21):
In this case, what we're doing is saying, let's create
a fair market, let's not subsidize one favorite industry over
the other. Let's let the market decide and consumers will win.
Speaker 1 (04:32):
All right. Now, I note in the notes that this
legislation will ensure market forces and not bureaucrats and utility
lawyers decide energy prices. That means there's going to be
some semblance of reality related to how much it costs
to generate the power to what we're going to be
paying for it.
Speaker 3 (04:49):
That's right well, And part of what this does is
when we deregulated back in the late nineties, the idea
was is that the distribution utilities, the duke energy is
the first energy is the world AP's of the world
would go out to the market and build their service
offerings based around real world prices. But they failed to
(05:10):
do that because they're clever and they they're they're looking
out for their bottom line, and so they went out
and they started creating doing it in other ways and
working with the regulators to do that. This makes very
clear that the only way State of Ohio you can
determine energy prices is through market rate offers, market service offers.
And so what that's going to enable us to do,
(05:30):
right is really see the real price of energy and
what it's going to cost to get it delivered to
our homes, ensuring that again the market decides and consumers
win well.
Speaker 1 (05:44):
And finally, I note that it's supposed to be it'll
speed up new energy generation in Ohio. And I'm one
of those big fans of modular nuclear plants, and I've
already talked with the veak Ramaswami about his perception of
nuclear and he embraces it wholeheartedly and believes that we
should be the number one, you know, a state in
the Union for modular nuclear because it provides consistent, reliable,
(06:06):
carbon free energy if people care about carbon. I don't
know why we've always stood in the way of these
moving forward on this. Are we going to be able
to have that and will it be able to be
actually an achievable goal or is this just something that's
going to be put on paper and delayed for decades.
Speaker 3 (06:22):
Well, I think that's the idea. One of the things here, right,
I think we've got to remember is there's a couple
of layers. You've got the state and then you've got
the federal government. Right that we've got to work through
on the state level. This solves that problem. We still
need the federal government in the Trump administration in Congress
to do some of its work to make sure that
we can approve things like like like these small modular
(06:42):
nuclear reactors and most importantly, improvem in a timely manner.
Here in Ohio. What I think we got that's going
for us on that front is they speed up the
power sighting board process. If you want to put a
small modular clear reactor in one of these identified brownfield zones,
they're going to be to get an answer on that
within forty five days. So you're waiting three years, Yeah,
(07:04):
forty five days the bureaucrats have to get you an
answer back. In other cases it's less than a year.
And so the legislature is making very clear you can't
slow walk new projects. You really get if this generation
is the application is complete and filed, you've got to
give these folks an answer, as well as lowering tangible
personal property taxes to make sure that you know, folks
are incentivized to build their energy projects here in Ohio,
(07:27):
not in other states. And so I think this sends
a big signal and makes all how a big bright
shining light and saying, hey, if we need if we're
going to need to solve our energy generation problem in
this country to handle the jobs we're trying to bring
back to this country. Ohio is the place to cite
your energy projects, and we're going to do it in
a free market manner that rewards puts consumers at the
top of the pyramid, not energy companies.
Speaker 1 (07:50):
Well I like that, Okay, So forty five days to
approve it or deny it. Now, if they fail to
approve within forty five days and get provided answers, that
means it's automatically approved. Is it the default that that
will be approved? Because I know, in spite of the
rules and what are they're obligated to do, quite often
they ignore them. Maybe they're gonna have to run into
court to get a decision made. Or is there is
(08:10):
it built in there that it's just going to be
approved that they failed to do it in a timely fashion.
Speaker 3 (08:15):
My understanding is that if the if the regulators fail
to act, the project will be defaulted to an approval.
Speaker 2 (08:21):
Good.
Speaker 3 (08:21):
So this keeps these things moving, and that's that's the idea.
And you think about things like the Keystone Excel pipeline, right,
that's constantly a topic of debate in national politics. The
problem there was you have one party in power for
a couple of years who slow walk it, and the
other who tries to get it done, and then they
slow walk. Their parties switch and they slow walk it.
(08:41):
We just need to make these decisions, Brian, so that
we can get energy, you know, energy generation onto the
grid and running oh other thing on the micro on
the small modular reactors behind the meter. So there's going
to be increased opportunities for folks like the big data
centers that are large consumers of energy to create their
own energy generation without putting taxpayers on the hook.
Speaker 1 (09:02):
Good.
Speaker 3 (09:03):
The other problem we see there is getting interconnected into PGM,
And so if we can speed up the ability for
data centers or other big users to generate their own energy,
they can get their energy online, get their jobs going,
get their production moving, and then figure out the interconnection
to PGM so the rest of the grid can access
that energy down the line. I think that's important again
(09:24):
to one protect rate payers and two speed up the
necessary generation of new energy we want in the state.
Speaker 1 (09:31):
Yeah, they have the demand. If they can be free
to generate that electricity, you know, the general population is
probably going to be able to glom onto that because
they don't need all electricity generated by a small nuclear reactor.
I mean, that's sound policy right there, Donovan and Neil,
Americans for Prosperity. What is anything we can do to
help this process along? Or is it a foregone conclusion
(09:52):
at this point?
Speaker 3 (09:53):
Well, we're hoping it's a foregone conclusion, and that's rare, right,
Usually we're fighting bad ideas, but we believe this is
going to move through today. What we're gonna need listeners
to do is once this gets done later today, we're
gonna have a call to action to thank your lawmakers
because they've been up against a lot of heavy pressure
from the utilities. So we're gonna have folks reaching out
to thank lawmakers. I'll follow back up next time I'm
(10:14):
on the show and give folks that call to action.
Speaker 1 (10:17):
If that's all right with you, No, that's wonderful. Praise
them when they're doing the right job, and give them
hell all the time when they're doing the wrong job,
because nine times out of ten it falls into the
latter category, which is why we have Americans for Prosperity.
Donald and Neil, keep up the great work. I'll look
forward to our conversation next week. My friend Brian always
going to be with you. Seven to fifty one here
if it's five k se de talk stations. Speaking of energy,
(10:37):
Color Electric, heck yeah, Colin Electric, that's who I rely on.
I have for years and years. They'll do great work
for you, great customer service. You can't beat Color Electric
for all residential electric projects. They are the one to
call and you can tell and your coluing that Brian said, Hi,
when you do that customer services I mentioned is fantastic.
I always think of Lily. She's just an awesome electrician,
(10:58):
been with them for a couple of decades and she
is a firecracker, keeping the crew in line, in in order.
They're all licensed obviously electricians, and of course cullen enjoys
an A plus with a better business bureau. You get
a ten year wiring warranty on anything they do for
you from an outlet installed, rewiring your entire house, getting
rid of the old knob and tube or aluminum wiring.
So if you got an electric project in your home,
(11:18):
give Cullen a call. Five one three two two seven
four one one two five one three two two seven
four one, one two online Cullen c U, L L
E N. Cullenelectriccincinnati dot com.
Speaker 3 (11:29):
Fifty five KRC.
Speaker 1 (11:31):
So you had a solid retirement dream.
Speaker 3 (11:33):
So
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