Effective: September 29, 2015
Latest Legislation: House Bill 64 - 131st General Assembly
The winning bid or bids selected through the competitive procurement process established under section 4928.54 of the Revised Code shall meet all of the following requirements:
(A) Be designed to provide reliable competitive retail electric service to percentage of income payment plan program customers;
(B) Reduce the cost of the percentage of income payment plan program relative to the otherwise applicable standard service offer established under sections 4928.141, 4928.142, and 4928.143 of the Revised Code;
(C) Result in the best value for persons paying the universal service rider under section 4928.52 of the Revised Code.