The bill introduced in the 136th General Assembly 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 aimed at providing refunds to customers and addressing concerns regarding the previous legislation's impact on electric service pricing and customer equity. The amendments to section 4928.01 include a comprehensive definition of terms related to electric service, such as "ancillary service," "competitive retail electric service," and "electric utility," thereby clarifying the roles of various entities in the electric service market to foster a more transparent and competitive environment.

Additionally, the bill introduces new standards for energy facilities, requiring compliance with federal energy regulatory commission licenses concerning 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 an exception for small hydroelectric facilities. The bill also repeals existing sections related to the retail recovery of costs associated with legacy generation resources, ensuring that no charges from these mechanisms can be assessed or collected from customers. Upon the bill's effective date, all revenues collected under the previous provisions must be refunded to customers in the same proportion as they were originally collected.

Statutes affected:
As Introduced: 4928.01, 4928.148