Current with legislation from 2024 received as of August 15, 2024.
Section 4928.542 - Winning bids; requirementsThe winning bid or bids selected through the competitive procurement process established under section 4928.54 of the Revised Code shall meet all of the following requirements:
(A) Be designed to provide reliable competitive retail electric service to percentage of income payment plan program customers;(B) Reduce the cost of the percentage of income payment plan program relative to the otherwise applicable standard service offer established under sections 4928.141, 4928.142, and 4928.143 of the Revised Code;(C) Result in the best value for persons paying the universal service rider under section 4928.52 of the Revised Code. Added by 131st General Assembly, HB 64,§101.01, eff. 9/29/2015.