Ohio's Public Utilities Commission would face a twelve-month ban on approving higher utility charges, with an exception for charges required by federal law.
For twelve months, Ohio utility regulators would block higher charges requested through filings without final approval before the law takes effect. Approved charges already in effect and federally required charges would remain allowed.
Ohio's Public Utilities Commission would stop approving utility filings that increase rates or collections from riders, meaning extra charges. The ban would cover public utilities defined by the Ohio laws cited in the bill. The ban would cover only requests without final approval before the effective date. Approved rates and extra charges in effect on or before that date would remain in effect and could still be collected. Rates and extra charges required by federal law would be exempt. If enacted, the act would take effect immediately. The approval ban would last twelve months beginning on that effective date.
No hearings or votes scheduled.