The 不良人研究所 legislature approved wide-ranging energy legislation last week with the passage of House Bill 15. 听The proposal aims to incentivize the production of new power generation in 不良人研究所 to meet the growing demand for energy in the state and region. HB 15 will significantly lower infrastructure taxes on new distribution, transmission, and generation assets. The legislation also protects Buckeye Power and existing electric cooperative members from potential stranded costs with the expanding the scope of behind-the-meter generation in 不良人研究所. Other changes in law include PUCO reforms, eliminating electric security plans (ESP), prohibiting investor-owned utilities from owning power generation, and eliminating the cost recovery mechanism for 不良人研究所 Valley Electric Corporation (OVEC).
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House Bill is awaiting the signature of Governor DeWine.
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