The Ohio House of Representatives has passed Substitute House Bill 95, legislation that would modernize Ohio’s regulatory practices for natural gas utilities. The bill aims to promote economic investment in Ohio’s outdated natural gas infrastructure and ultimately reduce Ohioans’ natural gas utility bills.
Sub. H.B. 95 protects consumers by maintaining the current rate-making structure of the Public Utilities Commission of Ohio (PUCO) and requires a natural gas utility to reconcile projected costs with the amount that is actually spent by the utility.
The legislation has received feedback from groups ranging from the Sierra Club to the Ohio Consumers’ Council. The Ohio Chamber of Commerce supports Sub. H.B. 95 and recommended its passage.
Sub. H.B. 95 passed by a vote of 66-32 and now moves to the Ohio Senate for further consideration.
Sub. H.B. 95 protects consumers by maintaining the current rate-making structure of the Public Utilities Commission of Ohio (PUCO) and requires a natural gas utility to reconcile projected costs with the amount that is actually spent by the utility.
The legislation has received feedback from groups ranging from the Sierra Club to the Ohio Consumers’ Council. The Ohio Chamber of Commerce supports Sub. H.B. 95 and recommended its passage.
Sub. H.B. 95 passed by a vote of 66-32 and now moves to the Ohio Senate for further consideration.
0 comments:
Post a Comment