Ohio § 4909.057
Full text of Ohio Ohio Revised Code § 4909.057, with citation guidance and answers to common questions.
§ 4909.057.
(A) Upon application of the acquiring company, the public utilities commission may authorize
the acquiring company to defer post-in-service carrying costs on any improvements
made to the company that is acquired after an acquisition described in section 4909.052 of the Revised Code . Such costs shall be calculated at the acquiring company's weighted average cost
of debt as determined in its last rate case. Such deferrals shall commence after the date on which the expenditure was incurred
and shall continue until the investment has been in service for a three-year period,
until the acquiring company's next rate case that includes the investment, or until
the inclusion of the investment in a charge authorized under section 4909.172 of the Revised Code , whichever occurs first. (B) Upon application of the acquiring company, the public utilities commission may authorize
the acquiring company to defer any depreciation expense related to the post-acquisition
improvements described in division (A) of this section to be recovered over the life
of the assets commencing with the first rate case including the acquisition. This depreciation deferral shall continue until the associated investment has been
in service for a three-year period, until the acquiring company's next rate case that
includes the investment, or until the inclusion of the investment in a charge authorized
under section 4909.172 of the Revised Code , whichever occurs first.
Frequently Asked Questions About Ohio § 4909.057
What does Ohio Revised Code § 4909.057 cover?
Section 4909.057 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 § 4909.057?
A common citation format is "Ohio Revised Code § 4909.057" (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 § 4909.057 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.