OH SB298

Creates a new "virtual net metering" framework allowing non-residential customers (including hospitals, but excluding residential customers) to receive credits on their electric bills for electricity generated at off-site facilities they contract with

Virtual net metering systems must be located on specific site types: mines, brownfields, landfills/solid waste disposal sites, county land bank properties, wastewater disposal systems, or commercial/industrial building rooftops—and cannot be on agricultural land

Eligible generation technologies include solar, wind, biomass, landfill gas, hydropower, microturbines, natural gas generators, battery storage, and fuel cells, with system size capped at 120% of the customer's electricity requirements

Excess electricity generation creates monetary credits (based on transmission and generation charges) that carry forward on future bills, but customers remain responsible for all distribution charges

Requires electric utilities to develop standard virtual net metering tariffs and allows mercantile customers to aggregate multiple electric meters within the same utility territory for net metering purposes