June 28 (Reuters) - A committee in the Ohio Senate could vote on a nuclear bailout bill this weekend that would enable the full state legislature to pass legislation over the weekend to prevent the state's two power reactors from early retirement, sources familiar with the bill said on Friday. FirstEnergy Solutions, the bankrupt unit of Ohio energy company FirstEnergy Corp , has said it would shut the money-losing reactors in 2020 and 2021 if the state did not adopt a plan to provide some money for the plants by June 30. Officials at FirstEnergy Solutions and several legislative offices were not immediately available for comment. The House and Senate have sessions available to vote on the bill if needed on Saturday and Sunday, sources said. "We expect the legislature will move quickly to get multiple votes on the bill ahead of (FirstEnergy Solutions') June 30 deadline," analysts at Height Capital Markets in Washington, D.C., said in a report on Thursday. The Ohio Senate Energy and Public Utilities Committee adopted amendments on House Bill 6 (HB 6) earlier this week and may add more amendments before the vote on Saturday, sources said. HB 6 passed the Ohio House in May. Analysts at Height Capital Markets said the Senate amendments earlier this week would provide the two reactors on Lake Erie - Davis Besse and Perry - with credits similar to the House bill. Those credits could provide FirstEnergy Solutions with about $150 million a year from 2020 to 2026, according to local papers. The Senate amendments earlier this week - like the House version of the bill - would also keep subsidies for a couple of coal plants owned by Ohio Valley Electric Corp (OVEC). OVEC is owned by several utilities, including units of American Electric Power Co Inc and Duke Energy Corp . Cheap and ample gas from shale fields like the Marcellus and Utica in Ohio has depressed electricity prices across the country over the past several years, making it uneconomical for generators to keep operating some nuclear and coal-fired power plants. Despite the subsidies for the nuclear and coal plants, consumers would see an overall reduction in their electricity bills because the Senate amendments, like the House version of the bill, would reduce costs by weakening the state's renewable and energy efficiency standards. FirstEnergy Solutions has warned that retiring the reactors could result in the loss of 4,300 jobs. (Reporting by Scott DiSavino, editing by G Crosse)
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