Effective: May 14, 2021
Latest Legislation: House Bill 6 - 134th General Assembly
(A) If an electric distribution utility had a portfolio plan that terminated on December 31, 2020, pursuant to division (F) of section 4928.66 of the Revised Code and included a program that benefited, and was limited to, low-income customers with an annual income at or below two hundred per cent of the federal poverty level, the utility shall re-establish the part of the portfolio plan that included the low-income program. The portfolio plan program re-established under this section shall include the same terms and conditions that the public utilities commission approved for the low-income program as it existed prior to the portfolio plan's termination, including the funding level originally allocated to the program.
(B) A portfolio plan program re-established under division (A) of this section shall terminate on December 31, 2021.
(C) The commission shall issue an order requiring electric distribution utilities to re-establish the portfolio plan programs described in division (A) of this section and setting forth the process for their re-establishment. The order shall not authorize the implementation of any new cost recovery mechanisms for these programs or extensions of any cost recovery mechanisms that existed before the programs described in division (A) of this section were re-established.
Last updated June 3, 2021 at 10:53 AM