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Latest Ohio Nuclear Bill Eliminates RPS Starting In 2020, Would Allow Existing Utility Renewable Contracts To Be Recovered In Distribution Rates
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The latest version of HB 6 in Ohio, which generally provides for various nuclear subsidies, would repeal the alternative energy portfolio standards effective January 1, 2020
For existing contracts which utilities entered into for renewable energy compliance, the bill would allow any remaining costs, after liquidation, to be recovered in distribution rates.
To the extent retail suppliers had proactively entered long-term contracts for RPS compliance, suppliers would now bear these costs for no purpose.
The bill also enshrines in statute the ability of the EDCs to recover OVEC (Ohio Valley Electric Corporation) costs via nonbypassable surcharge
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Enshrines In Statute Nonbypassable Charge For OVEC
May 23, 2019
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Reporting by Paul Ring • ring@energychoicematters.com
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