The bill amends section 4928.67 and enacts new sections (4928.675 to 4928.6711) of the Revised Code to establish regulations for virtual net metering and meter aggregation for electric utilities in Ohio. It requires electric utilities to create standard contracts or tariffs for net metering that are consistent for both hospitals and mercantile customers who are also customer-generators. A significant provision allows mercantile customers to have their transmission service costs billed by their competitive retail electric service supplier instead of their electric utility, with the stipulation that their net metering system capacity must be under fifty megawatts.

Additionally, the bill defines important terms related to virtual net metering and outlines system requirements, including fuel types and location restrictions. It mandates that electric utilities assist virtual net metering customers in calculating their electricity needs and ensures that credits for excess electricity generated are applied to future bills without imposing additional costs beyond safety and performance standards. The bill also requires the public utilities commission to adopt rules for administering these systems, including safety and reliability measures, and it repeals the existing section 4928.67, indicating a comprehensive update to the regulatory framework for net metering practices.

Statutes affected:
As Introduced: 4928.67