Ohio Administrative Code
Title 4901:1 - Utilities
Chapter 4901:1-40 - Alternative Energy Portfolio Standard
Section 4901:1-40-07 - Cost cap
Current through all regulations passed and filed through December 11, 2023
(A) By no later than April fifteenth of each compliance year, electric utilities and electric services companies shall calculate their status relative to the statutory three per cent cost provision during the most recent compliance year. Alternatively, an electric utility or electric services company may file an application with the commission for review of its cost cap calculation prior to the date required in rule 4901:1-40-05 of the Administrative Code.
(B) The calculation of the company's status relative to the statutory three per cent cost provision shall follow the multi-step process as detailed in this rule. If full compliance with the applicable benchmark would prompt a company to exceed the three per cent cost provision, the company may seek relief from the commission for that incremental portion of its compliance obligation.
Effective:
6/15/2023
Five Year Review (FYR) Dates:
3/26/2025
Promulgated Under:
111.15
Statutory
Authority: 4901.13,
4905.04,
4905.06,
4928.01,
4928.02,
4928.64, and
4928.65
Rule
Amplifies: 4928.64 and
4928.65
Prior
Effective Dates: 12/10/2009, 03/26/2020