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This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 4901:1-27-14 | Financial security.

 

(A) Pursuant to a tariff filed with the commission in accordance with division (A) of section 4929.20 of the Revised Code and rule 4901:1-13-14 of the Administrative Code, a retail natural gas supplier shall maintain financial assurance sufficient to protect customers and the natural gas company from default.

(B) A natural gas company may require a retail natural gas supplier to furnish financial and other information contained in the natural gas company's tariff to determine the type and/or amount of the financial assurances required for compliance with paragraph (A) of this rule.

(C) A retail natural gas supplier may bring an action before the commission seeking review of the natural gas company's determination of financial assurances requirements or may seek staff mediation as to any dispute.

(D) If a retail natural gas supplier fails to maintain sufficient financial assurances to protect a natural gas company and customers from default by the retail natural gas supplier, the natural gas company may apply for relief at the commission.

(E) As used in this rule, "retail natural gas supplier" has the same meaning as in section 4929.01 of the Revised Code, but excludes a broker or aggregator.

Last updated September 25, 2026 at 9:09 AM

Supplemental Information

Authorized By: 4929.10, 4929.20, and 4929.222
Amplifies: 4929.20, R.C. 4905.26, and 4929.222
Five Year Review Date: 7/5/2029
Prior Effective Dates: 7/4/2002, 4/13/2007, 12/1/2014