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Lawmakers hear business, utility support for House Bill 142 to shorten gas rate cases and reduce regulatory lag
Summary
Proponents told the House Energy Committee House Bill 142 would modernize natural‑gas ratemaking by allowing forward test years, setting a one‑year decision timeline and creating expedited procedures for large‑customer contracts, with backers saying the changes would improve utilities’ cash flow and attract investment to Ohio.
Proponents of House Bill 142 told the Ohio House Energy Committee that the bill would reduce regulatory lag for natural gas utilities, attract capital for infrastructure and economic development, and protect existing customers through specified guardrails for large‑customer contracts.
Bob Heidorn, president and CEO of Columbia Gas of Ohio, told the committee the bill aims to "level the playing field" with neighboring states by allowing forward test years and requiring timely rate orders. Heidorn said regulatory lag — the delay between when a utility invests capital and when it recovers those costs in rates — makes Ohio less…
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