Loading chat...
OH HB585
Bill
Status
9/22/2010
Primary Sponsor
Clayton Luckie
Click for details
AI Summary
-
Electric distribution utilities may invest in and install voltage regulation equipment for customers and recover all costs plus a 15% rate of return from customer rates.
-
Voltage regulation equipment must be capable of reducing line losses and improving electrical grid efficiency while dynamically adjusting voltage supplied to customers.
-
Equipment must perform at an efficiency rate of at least 99% across at least 90% of the utility's retail electric service load to qualify under this provision.
Legislative Description
To permit electric distribution utilities to recover from their customers the costs plus interest for the investment and installation of voltage regulation equipment.
Electric distribution utilities-cost recovery-voltage regulation equipment
Last Action
To Public Utilities
9/22/2010