Ohio HB142 amends natural gas company rate plans and property valuation processes.

Ohio HB142 amends the Ohio Revised Code to allow natural gas companies to propose alternative rate plans for large load customers. These plans must protect non-large load customers, support economic development, and shift financial risk from customers to the company. The bill also modifies the process for valuating natural gas company property, including the use of projected test periods and adjustments to revenues and expenses. The Public Utilities Commission retains authority to review and adjust these plans and valuations.

Ohio HB142 amends natural gas company rate plans and property valuation processes.

Ohio HB142 amends the Ohio Revised Code to allow natural gas companies to propose alternative rate plans for large load customers. These plans must protect non-large load customers, support economic development, and shift financial risk from customers to the company. The bill also modifies the process for valuating natural gas company property, including the use of projected test periods and adjustments to revenues and expenses. The Public Utilities Commission retains authority to review and adjust these plans and valuations.