Ohio § 4928.662
Full text of Ohio Ohio Revised Code § 4928.662, with citation guidance and answers to common questions.
§ 4928.662.
For the purpose of measuring and determining compliance with the energy efficiency
and peak demand reduction requirements under section 4928.66 of the Revised Code , the public utilities commission shall count and recognize compliance as follows: (A) Energy efficiency savings and peak demand reduction achieved through actions taken
by customers or through electric distribution utility programs that comply with federal
standards for either or both energy efficiency and peak demand reduction requirements,
including resources associated with such savings or reduction that are recognized
as capacity resources by the regional transmission organization operating in Ohio
in compliance with section 4928.12 of the Revised Code , shall count toward compliance with the energy efficiency and peak demand reduction
requirements. (B) Energy efficiency savings and peak demand reduction achieved on and after the effective
date of S.B. 310 of the 130th general assembly shall be measured on the higher of
an as found or deemed basis, except that, solely at the option of the electric distribution
utility, such savings and reduction achieved since 2006 may also be measured using
this method. For new construction, the energy efficiency savings and peak demand reduction shall
be counted based on 2008 federal standards, provided that when new construction replaces
an existing facility, the difference in energy consumed, energy intensity, and peak
demand between the new and replaced facility shall be counted toward meeting the energy
efficiency and peak demand reduction requirements. (C) The commission shall count both the energy efficiency savings and peak demand reduction
on an annualized basis. (D) The commission shall count both the energy efficiency savings and peak demand reduction
on a gross savings basis. (E) The commission shall count energy efficiency savings and peak demand reductions associated
with transmission and distribution infrastructure improvements that reduce line losses. No energy efficiency or peak demand reduction achieved under division (E) of this
section shall qualify for shared savings. (F) Energy efficiency savings and peak demand reduction amounts approved by the commission
shall continue to be counted toward achieving the energy efficiency and peak demand
reduction requirements as long as the requirements remain in effect. (G) Any energy efficiency savings or peak demand reduction amount achieved in excess
of the requirements may, at the discretion of the electric distribution utility, be
banked and applied toward achieving the energy efficiency or peak demand reduction
requirements in future years.
Frequently Asked Questions About Ohio § 4928.662
What does Ohio Revised Code § 4928.662 cover?
Section 4928.662 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 § 4928.662?
A common citation format is "Ohio Revised Code § 4928.662" (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 § 4928.662 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.