OH SB103

Natural gas companies with an approved infrastructure development rider may file for alternative rate plans to serve "large load customers" (those consuming more than 1.2 million Mcf of natural gas annually), with commercial agreements that must protect existing customers from paying direct or indirect costs associated with the large load customer's infrastructure investments.

Electric light companies, natural gas companies, water-works companies, and sewage disposal system companies may now use forecasted test periods for rate cases, proposing annual base rates for three consecutive twelve-month periods with true-up mechanisms to reconcile forecasted versus actual investment, revenues, and expenses.

Natural gas companies serving 250,000 or more customers must file a rate case application by December 31, 2029, and at least every three years thereafter.

The Public Utilities Commission must issue orders on rate applications within 360 days of filing; if no order is issued, the application is deemed approved by operation of law.

Water-works companies may replace lead customer-owned water service lines and include replacement costs in their property valuation reports for rate cases, and must reimburse customers who replace their own lead service lines within 12 months of completion.