Gov. Kasich's budget would allow electric utilities to recover the costs of economic development projects

Gov. John Kasich's new biennial budget, H.B. 59, includes a proposal that would expand the "reasonable arrangement" program by spreading "the cost of utilities’ economic development incentives to electricity ratepayers all around the state," according to the Gongwer Ohio Report. The idea grew out of a related effort to standardize the discounts that utilities have available for businesses by creating an economic development tariff. Details about how the plan would work are still being discussed, but Chairman of the Senate Public Utilities Committee Bill Seitz (R-Cincinnati) said it not was not yet decided whether the recovery charges would apply to "competitive providers and municipal and rural cooperatives" in addition to the ratepayers in Ohio's four investor-owned utilities, the article said. For more, read the full text of H.B. 59.

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