HB 10 Summary

• Amends Ohio's electric utility law by repealing several provisions from H.B. 6 (133rd General Assembly), including nuclear plant cost recovery mechanisms and decoupling provisions that allowed utilities to recover lost revenue from energy efficiency programs

• Establishes mandatory energy waste reduction programs for all customers in Ohio, with options to choose from eligible providers on a publicly maintained list or be enrolled in a default program, with monthly charges collected on electric bills

• Modifies renewable energy benchmarks by requiring utilities to provide 8.5% of electricity from renewable sources by 2026, eliminates the solar energy requirement after 2019, and removes cost-recovery mechanisms for transmission services from eligible providers

• Implements new energy efficiency and peak demand reduction requirements through 2020, with cumulative savings targets, and allows utilities to recover compliance costs through rate mechanisms that terminate upon achieving 17.5% cumulative energy savings statewide

• Requires refunds to customers of all revenues previously collected through nuclear cost recovery charges and decoupling mechanisms, to be allocated proportionally across customer classes