Ohio § 4905.303
Full text of Ohio Ohio Revised Code § 4905.303, with citation guidance and answers to common questions.
§ 4905.303.
(A) Before entering into an agreement to purchase synthetic natural gas or other fuels
produced by a facility originated under the auspices of the federal government pursuant
to a contract with the federal energy research and development administration or its
successor agencies for the purpose of converting coal to gaseous, liquid, or solid
fuels or by-products of such fuels, and the construction of which began on or after
July 1, 1975, but not later than December 31, 1982, a gas company or natural gas company
shall obtain approval of such agreement from the public utilities commission, which
approval shall be granted if the purchase price is to be based on the total cost of
service of the facility developer or developers in producing the synthetic natural
gas or other fuels for a reasonable profit to said developer or developers, taking
into account the desirability of encouraging energy research and development, the
developmental nature of the facility involved, and the attendant risks for the developer
or developers. Promptly after the filing with it of an application to obtain such approval, the
public utilities commission shall set the matter for public hearing and shall render
a final decision on such application within sixty days of its filing. (B) Notwithstanding division (B) of section 4905.302 of the Revised Code , any gas company or natural gas company that, pursuant to terms approved by the public
utilities commission, enters into an agreement to purchase synthetic natural gas or
fuels produced by such a facility for distribution to some or all of its customers
shall adjust its rates pursuant to and in accordance with a purchased gas adjustment
rule promulgated by the commission pursuant to this section. (C) The commission may adjust any proposed rate change under division (B) of this section
on account of arithmetic or clerical error.
Frequently Asked Questions About Ohio § 4905.303
What does Ohio Revised Code § 4905.303 cover?
Section 4905.303 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 4905.303?
A common citation format is "Ohio Revised Code § 4905.303" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 4905.303 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.