Jennifer Gross | The Ohio House of Representatives
Jennifer Gross | The Ohio House of Representatives
State Representative Jennifer Gross has cast her vote in support of House Bill 15, a legislative proposal designed to enhance power generation capabilities in Ohio. The bill is intended to improve affordability for electricity consumers and increase the reliability of the state's electrical grid.
According to Gross, the bill plays a crucial role in reducing energy costs. "HB 15 helps lower energy costs for District 45 residents while preserving the taxpayers’ hard-earned income and promoting transparency in the industry," she stated.
House Bill 15 proposes several changes to Ohio's energy sector, impacting the economy, energy affordability, and future energy needs for businesses. The bill aims to strengthen Ohio’s economy by facilitating competition and expanding Ohio’s grid. It allows for intrastate transmission to encourage more market participants and provides opportunities for communities to be designated as "priority investment areas."
Moreover, the bill seeks to make energy more affordable for Ohioans by changing utility regulation processes. It will eliminate the option for utility companies to file an Electric Security Plan, requiring them to approach the Public Utilities Commission of Ohio for a rate case. This change is intended to close a ratepayer affordability loophole while promoting transparent consumer decisions.
The legislation also includes measures to meet the energy needs of businesses in Ohio by prohibiting electric distribution utilities from owning generation. This prohibition encourages a competitive market for new generation in the state. Additionally, it imposes new timelines on regulatory processes to ensure efficiency.
Acknowledging the increasing demand for electricity due to Ohio's growth as a tech hub, the legislation prepares for future energy requirements while attempting to keep energy costs manageable for Ohioans. Notable companies such as Anduril, Honda, and Intel have contributed to this demand by establishing data centers in the region.
The bill now awaits consideration in the Ohio Senate.