OHIO GOVERNOR His proposal

A look at Gov. Ted Strickland’s new energy plan:

The plan: Strickland has proposed sweeping changes in the way electric utilities charge customers and has called on them to produce 25 percent of their power with alternative fuels by 2025.

Why now? Rate plans for three of Ohio’s four investor-owned utilities are set to expire by the end of next year and Strickland doesn’t want to see price spikes like those that occurred in Illinois and Maryland.

What’s next? Strickland will prepare a proposal to introduce in the Legislature, which he hopes will pass it by the end of the year.

Source: Associated Press