Section 4928.144 | Phase-in of electric distribution utility rate or price.
The public utilities commission by order may authorize any just and reasonable phase-in of any electric distribution utility price established under sections 4928.141 and 4928.142 of the Revised Code, and inclusive of carrying charges, as the commission considers necessary to ensure price stability for consumers. If the commission's order includes such a phase-in, the order also shall provide for the creation of regulatory assets pursuant to generally accepted accounting principles, by authorizing the deferral of incurred costs equal to the amount not collected, plus carrying charges on that amount. Further, the order shall authorize the collection of those deferrals through a nonbypassable surcharge on any such rate or price so established for the electric distribution utility by the commission.
Last updated May 22, 2025 at 12:46 PM
Available Versions of this Section
- July 31, 2008 – Senate Bill 221 - 127th General Assembly [ View July 31, 2008 Version ]
- August 14, 2025 – Amended by House Bill 15 - 136th General Assembly [ View August 14, 2025 Version ]