The bill amends the Revised Code to strengthen regulations on electric vehicle charging stations and the replacement of water service lines. It introduces new provisions requiring water-works companies to include costs associated with replacing water service lines in their valuation reports, specifically mandating the inclusion of these costs under sections 4909.173 and 4909.174. This change is intended to ensure that such costs are factored into the rate-setting process, affecting how utilities calculate property valuations and rates. Additionally, the bill clarifies the responsibilities of water-works companies regarding the replacement of lead and other customer-owned water service lines, allowing for customer reimbursements under certain conditions.

Moreover, the bill establishes new definitions and provisions related to electric utilities and energy services, including terms like "electric vehicle," "electric vehicle charging station," and various energy-related concepts aimed at promoting energy efficiency and clean energy generation. It outlines parameters for low-income customer assistance programs and emphasizes the importance of competitive retail electric service. The bill also repeals existing sections related to competitive retail electric services, ensuring that no electric utility can provide a service previously classified as competitive before the new legislation's effective date. Overall, the bill seeks to enhance the regulatory framework for electric services and promote the adoption of electric vehicles and their infrastructure.

Statutes affected:
As Reported By Senate Committee: 4928.01, 4928.03, 4928.041
As Passed By Senate: 4928.01, 4928.03, 4928.041
As Reported By House Committee: 4909.042, 4909.15, 4909.173, 4909.174, 4928.01, 4928.03, 4928.041
As Passed By House: 4909.042, 4909.15, 4909.173, 4909.174, 4928.01, 4928.03, 4928.041
As Enrolled: 4909.042, 4909.15, 4909.173, 4909.174, 4928.01, 4928.03, 4928.041