122:12-2-02 Establishment of the universal service fund.

This version is in effect until 10/31/2010

(A) Electric distribution utilities.

On a date negotiated by the director and each of the electric distribution utilities. But not later than October 15, 2000, and on the same date of every month thereafter, unless otherwise directed by the commission, each of the electric distribution utilities shall remit all fund revenues collected to the director in accordance with the terms of the agreement. The director will deposit the remitted fund money into the fund.

(B) Municipal electric utility or electric cooperative.

Upon the decision to participate in the low-income customer assistance programs, a municipal electric utility or electric cooperative shall be subject to all applicable conditions and requirements of sections 4928.51 to 4928.61 of the Revised Code and the rules in this chapter. On a date negotiated by the director and each participating municipal electric utility or participating electric cooperative, and on the same date of every month thereafter unless otherwise agreed upon by the director and the municipal electric utility or electric cooperative, each participating municipal electric utility or participating electric cooperative shall remit all fund revenues to the director in accordance with the terms of the agreement. The director will deposit the remitted fund revenues into the fund.

(C) Notice requirement of electric distribution utilities.

(1) On or before September 1, 2000, each of the electric distribution utilities shall provide written notice to the director regarding each of their intentions to transfer the right to collect the amount of the percentage of income payment plan program arrearages to the director.

(2) If an electric distribution utility elects to transfer the right to collect the percentage of income payment plan program arrearages, all rights associated with the percentage of income payment plan program arrearages shall be transferred by the electric distribution utility to the director in accordance with the terms of the agreement.

(3) If an electric distribution utility elects to collect the amount of the percent of income payment plan arrearages, all program revenues received by that electric distribution utility shall be remitted to the director in accordance with the terms of the agreement.

(D) Finance charges.

A finance charge shall be assessed upon all late payments of fund revenues to the director in accordance with the terms of the agreement. The director will deposit the remitted finance charges into the fund.

(E) Customer deposits.

An electric distribution utility shall continue its current practice of collecting, maintaining and refunding customer deposits for customers on the percentage of income payment plan program, consistent with rule 4901:1-10-14 of the Administrative Code.

Eff 9-1-00
Rule promulgated under: RC 119.03
Rule authorized by: RC 4928.53(B)(1)
Rule amplifies: RC 4928.51
RC 119.032 Review Dates: September 1, 2005
This version is effective 10/31/2010
Rescinded eff 10-31-10