Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate committee hears industry proponents for SB103 to shorten rate cases and speed large-customer deals
Summary
The Senate Public Utilities Committee heard proponent testimony on Senate Bill 103, which would reduce regulatory lag by allowing forward (forecasted) test years, requiring rate-case orders within a year, creating an expedited review for special contracts with large customers, and establishing a mandate rider for compliance costs. No committee vote was taken.
COLUMBUS — The Senate Public Utilities Committee held a second hearing on Senate Bill 103, hearing proponent testimony from gas utilities, industry trade groups and regulatory experts who said the bill would reduce regulatory lag, improve access to capital and support economic development without eliminating consumer safeguards.
“All Senate Bill 103 accomplishes is leveling this playing field,” Bob Heidorn, president and CLO of Columbia Gas of Ohio, told the committee, summarizing four core changes he said would modernize Ohio rate making: adoption of forward test years, rate-case orders within one year, an expedited framework for special contracts with large customers, and a mandate rider to recover compliance costs.
Heidorn and other witnesses warned that lengthy rate cases and “stale”…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
