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Ohio House Passes Nuclear Subsidy Bill Ending RPS, Allowing Utilities To Enter Contracts With Customers For Renewable Energy Supply, Generation Development
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The Ohio House has passed HB 6, the nuclear subsidy bill.
The bill awaits action in the Senate.
As passed, HB 6 allows an electric distribution company to offer renewable energy services to customers
Specifically, the bill provides that an electric
distribution utility may offer a customer the opportunity to
purchase renewable energy services on a nondiscriminatory basis, by doing either of the following:
(A) An electric distribution utility may seek approval
from the commission (PUC) to establish a schedule or schedules
applicable to residential, commercial, industrial, or other
customers and provide a customer the opportunity to purchase
renewable energy credits for any purpose the customer elects.
(B) Consistent with section 4905.31 of the Revised
Code, an electric distribution utility, a customer, or a group
of customers may seek approval of a nondiscriminatory schedule
or reasonable arrangement involving the production and supply of
renewable energy, including long-term renewable energy purchase
agreements through which an electric distribution utility may
construct, lease, finance, or operate renewable energy resources
dedicated to that customer or customers.
The bill also ends the RPS for both utilities and retail suppliers, effective January 1, 2020
Utilities would be permitted to recover any RPS compliance costs from contracts extending beyond such date, net of liquidation and any funding from a state air quality authority to offset such costs, through distribution rates
The bill also enshrines in statute the ability of the EDCs to recover OVEC (Ohio Valley Electric Corporation) costs via nonbypassable surcharge. OVEC products would be sold into the wholesale market and shall not use the output in supplying the Standard Service Offer (default service)
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Enshrines In Statute Nonbypassable Charge For OVEC
May 30, 2019
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Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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