The bill seeks to amend section 4928.01 of the Revised Code and repeal section 4928.148, which will eliminate the legacy generation resource provisions established by H.B. 6 of the 133rd General Assembly. This repeal is designed to provide refunds to customers, addressing concerns about the previous legislation's effects on electric service pricing and customer equity. The amended section 4928.01 clarifies and updates various definitions related to electric service, such as "ancillary service," "electric utility," and "renewable energy resource," aiming to streamline the regulatory framework for electric services in Ohio and enhance consumer protection.

Additionally, the bill introduces amendments regarding energy facilities, requiring compliance with federal energy regulatory commission licenses related to fish passage, watershed protection, and cultural resource preservation. It mandates that facilities provide public access to water at no charge and cannot be recommended for removal by any federal or state agency, with the exception of small hydroelectric facilities. The bill also repeals sections related to the retail recovery of costs associated with legacy generation resources, terminating any previously authorized recovery mechanisms and ensuring that any revenues collected from customers under these provisions are refunded promptly. Overall, the bill aims to improve accountability, transparency, and environmental protection in energy regulation.

Statutes affected:
As Introduced: 4928.01, 4928.148