(A) "Alternative retail rate option" means time-differentiated pricing, dynamic retail pricing, and other alther native retail rate options.
(B) "Application" means an application for standard service offer pursuant to this chapter.
(C) "Commission" means the public utilities commission of Ohio.
(D) "Dynamic retail pricing" means a retail rate design which includes prices that can change based on changes in wholesale electricity prices, power system conditions, or the marginal cost of providing electric service.
(I) "Standard service offer" means an electric utility offer to provide consumers, on a comparable and nondiscriminatory basis within its certified territory, all competitive retail electric services necessary to maintain essential electric service to consumers, including a firm supply of electric generation service, pursuant to section 4928.141 of the Revised Code.
(J) "Staff" means the staff of the commission or its authorized representatives.
(K) "Time differentiated pricing" means a retail rate design which includes differing prices based upon the time that electricity is used in order to reflect differences in expected costs or wholesale electricity prices in different time periods.
Five Year Review (FYR) Dates: 10/09/2014 and 10/09/2019
Promulgated Under: 111.15
Statutory Authority: 4928.06, 4928.141
Rule Amplifies: 4928.14 , 4928.141 , 4928.142, 4928.143
Prior Effective Dates: 5/27/04, 5/7/09