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Senate passes broad energy overhaul aimed at boosting generation investment and consumer oversight
Summary
The Ohio Senate on a unanimous vote approved Substitute House Bill 15, a package of energy reforms that seeks to ease generation investment, change taxation on new generation, and increase oversight of utility rate-setting while preserving consumer protections.
The Ohio Senate passed Substitute House Bill 15 on a unanimous 33-0 roll call after floor debate that highlighted the bill’s aims to encourage power generation investment while improving consumer oversight.
Supporters said the bill reduces barriers to new power generation, creates more predictability for utility projects and rate-making, and replaces some emergency rider mechanisms with full rate cases and multi-year forecasting. “Perfect is the enemy of good,” Senator Chavez said on the floor, urging colleagues to approve a compromise product that she described as “pretty good.”
The bill combines elements of two earlier measures and, according to supporters, eliminates certain riders…
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