Vote Smart's Synopsis:

Vote to pass a bill that increases energy generation and improves the state electric grid in Ohio.

Highlights:

• Increases energy generation and improves the state electric grid in Ohio to encourage investment in new, primarily gas-fired, power plants (Sec. 1-6).

• Specifies that Utility regulators would be subject to a “shot clock” meant to speed rate cases through the process and utilities themselves won’t be able to rely on the energy bill surcharges that have helped bolster their balance sheets (Sec. 1-6).

• Repeals the legacy generation rider a surcharge devised to prop up 2 aging coal plants that are part of the Ohio Valley Electric Corporation (Sec. 1-6).

• Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 7).

Full Bill Text