Ohio SB457 establishes the Electricity Forecast Integrity Act, requiring utilities to file long-term forecast reports and undergo independent.

Ohio SB457, the Electricity Forecast Integrity Act, mandates that gas and electric utilities file long-term forecast reports every three years. These reports must include detailed projections of energy demand, peak load, and supply over the next ten years. The Public Utilities Commission of Ohio (PUCO) is required to review these reports and commission an independent investigation by a third party. The commission must then hold a public hearing and approve the reports if they are deemed just, reasonable, and accurate.

Ohio SB457 establishes the Electricity Forecast Integrity Act, requiring utilities to file long-term forecast reports and undergo independent.

Ohio SB457, the Electricity Forecast Integrity Act, mandates that gas and electric utilities file long-term forecast reports every three years. These reports must include detailed projections of energy demand, peak load, and supply over the next ten years. The Public Utilities Commission of Ohio (PUCO) is required to review these reports and commission an independent investigation by a third party. The commission must then hold a public hearing and approve the reports if they are deemed just, reasonable, and accurate.