Ohio Administrative Code
Title 4901:1 - Utilities
Chapter 4901:1-40 - Alternative Energy Portfolio Standard
Section 4901:1-40-08 - Compliance payments
Current through all regulations passed and filed through September 16, 2024
(A) Any electric utility or electric services company that does not achieve an annual renewable energy resource benchmark shall remit a compliance payment based on the amount of noncompliance rounded up to the next megawatt hour (MWh), unless the commission has identified the existence of force majeure conditions or the commission has granted relief under the three per cent cost-cap provision.
= ((CPIYR2/CPIYR1) * current per MWh payment)
(B) Any electric utility or electric services company found to be liable for a compliance payment is prohibited from passing compliance payments on to consumers. In the event that a compliance payment is required, an electric utility or electric services company shall file an attestation, signed by a company officer or designee, indicating that it will not seek to recover the specific compliance payment from consumers. Such attestation shall be filed within thirty days of the imposition of any compliance payment requirement.