Ohio § 4928.144 Phase-in of electric distribution utility rate or price

Ohio Statutes

§ 4928.144 — Phase-in of electric distribution utility rate or price

Ohio § 4928.144

Title 49Public Utilities

Ch. 4928Competitive Retail Electric Service

This text of Ohio § 4928.144 (Phase-in of electric distribution utility rate or price) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 4928.144 (2026).

Text

The public utilities commission by order may authorize any just and reasonable phase-in of any electric distribution utility price established under sections4928.141and4928.142of the Revised Code, and inclusive of carrying charges, as the commission considers necessary to ensure price stability for consumers. If the commission's order includes such a phase-in, the order also shall provide for the creation of regulatory assets pursuant to generally accepted accounting principles, by authorizing the deferral of incurred costs equal to the amount not collected, plus carrying charges on that amount. Further, the order shall authorize the collection of those deferrals through a nonbypassable surcharge on any such rate or price so established for the electric distribution utility by the commissi

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The public utilities commission by order may authorize any just and reasonable phase-in of any electric distribution utility price established under sections4928.141and4928.142of the Revised Code, and inclusive of carrying charges, as the commission considers necessary to ensure price stability for consumers. If the commission's order includes such a phase-in, the order also shall provide for the creation of regulatory assets pursuant to generally accepted accounting principles, by authorizing the deferral of incurred costs equal to the amount not collected, plus carrying charges on that amount. Further, the order shall authorize the collection of those deferrals through a nonbypassable surcharge on any such rate or price so established for the electric distribution utility by the commission.

Last updated May 22, 2025 at 12:46 PM