Bill

Bill > HB389


OH HB389

OH HB389
Regards energy efficiency and peak demand reduction portfolios


summary

Introduced
08/12/2021
In Committee
11/18/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

134th General Assembly

Bill Summary

To amend section 4928.02 and to enact sections 4928.6630, 4928.6631, 4928.6633, 4928.6634, 4928.6636, 4928.6639, 4928.6641, 4928.6644, 4928.6645, 4928.6646, 4928.6647, 4928.6650, 4928.6653, 4928.6655, 4928.6657, 4928.6660, and 4928.6665 of the Revised Code to permit electric distribution utilities to establish energy efficiency and demand reduction portfolios.

AI Summary

This bill permits electric distribution utilities to establish energy efficiency and demand reduction portfolios. The key provisions are as follows: - Allows electric distribution utilities to submit applications to the Public Utilities Commission for approval of energy savings programs to assist retail electric customers in achieving energy savings. - Requires the portfolios to include at least one program planned to benefit low-income residential customers and to achieve certain energy savings targets. - Establishes mechanisms for the recovery of program costs, utility incentives, and lost distribution revenues, subject to a rate cap. - Provides for the opt-out and opt-in participation of mercantile and other customers, and requires annual cost-effectiveness and compliance reviews of the portfolios. - Aims to encourage the development and use of energy efficiency and demand reduction measures, supporting the state's policy objectives related to ensuring reliable, affordable, and diverse electricity supplies.

Committee Categories

Transportation and Infrastructure

Sponsors (13)

Last Action

Informally passed (on 12/14/2022)

bill text


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