Ohio § 4929.053
Full text of Ohio Ohio Revised Code § 4929.053, with citation guidance and answers to common questions.
§ 4929.053.
(A) An alternative rate plan proposed by a natural gas company pursuant to section 4929.052 of the Revised Code shall be approved by the public utilities commission if the natural gas company meets
its burden of proof in a proceeding before the commission that the alternative rate
plan does all of the following to protect existing customers: (1) Protects the company's customers that are not served under the alternative rate plan
pursuant to section 4929.052 of the Revised Code from paying direct or indirect costs, including any stranded costs, associated with
the large load customer's share of infrastructure investments made under any commercial
agreements entered into under that plan; (2) Provides any commercial agreement entered into under the plan, once the large load
customer begins natural gas service and monthly payments to the natural gas company,
shall require a monthly cost credit, to compensate other customers for the cost of
the large load customer's use of the natural gas company's system and infrastructure,
to the annual infrastructure development rider rate charged by the natural gas company
pursuant to section 4929.162 of the Revised Code , which will be the cost of the large load customer's use of the natural gas company
system and infrastructure; (3) Supports economic development in the state by serving the large load customer, which
is proven by a letter of support by an economic development entity, as defined in division (C)(4) of section 4929.163 of the Revised Code . (B) The monthly cost credit described in division (A)(2) of this section shall be determined
pursuant to a separate infrastructure development rider regulatory liability proceeding
in which the natural gas company shall propose the credit amount based on cost allocation
principles.
Frequently Asked Questions About Ohio § 4929.053
What does Ohio Revised Code § 4929.053 cover?
Section 4929.053 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 § 4929.053?
A common citation format is "Ohio Revised Code § 4929.053" (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 § 4929.053 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.