Bill > HB66

This bill repeals provisions related to "legacy generation resources" from H.B. 6 of the 133rd General Assembly, which previously established a mechanism for electric utilities to recover costs associated with certain power generation facilities originally built to support federal defense efforts. Specifically, the bill terminates any existing cost recovery mechanisms for these legacy generation resources, prevents their future reinstatement, and mandates that all revenues previously collected from customers through such mechanisms be fully refunded. The refunds will be allocated back to customer classes in the same proportion as the original collections, effectively unwinding the financial provisions of the previous legislation. The bill removes specific definitions related to legacy generation resources from the Ohio Revised Code and ensures that no additional charges, mechanisms, or riders associated with these resources can be assessed or collected from electric utility customers in the future.

Agriculture and Natural Resources

https://www.legislature.ohio.gov/legislation/136/hb66