This week, the House Energy Committee began its review of House Bill 15, an energy reform package designed to encourage generation in Ohio. Among the bill’s many provisions, it eliminates electric security plans (ESPs), a mechanism used by electric utilities to increase profits through numerous above-market charges added to customers’ bills. Instead, the bill requires an electric utility’s standard service offer to be established only as a market-rate offer.
The bill also clarifies that electric utilities cannot own or operate generation, and repeals the subsidy that requires Ohioans to pay for two uneconomic coal-fired power plants.
The Senate has not yet unveiled its energy legislation, Senate Bill 2. 2/5/2025