OH SB275

Creates a virtual net metering system allowing customers to measure the difference between electricity supplied by a utility and electricity generated by a virtual net metering system attributed to that customer.

Virtual net metering systems must use renewable energy sources (solar, wind, biomass, landfill gas, hydropower) or alternative technologies (microturbine, natural gas generator, battery storage, fuel cell) and be located on mining-affected property, brownfields, waste disposal sites, county land reutilization property, or commercial/industrial rooftops of at least 80,000 square feet.

Requires electric utilities to develop standard contracts or tariffs for virtual net metering with identical rate structures to non-virtual net metering customers, and excess electricity generated must be converted to monetary credits on future bills at the energy component rate.

Allows virtual net metering customers to aggregate multiple electric meters within the same utility territory where the system's generated electricity is attributable to the customer.

Directs the Public Utilities Commission to adopt rules administering virtual net metering and meter aggregation, including control and testing requirements necessary to protect public safety, worker safety, and system reliability.