Ohio Code § 4905.303

Ohio Code § 4905.303. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 4905.303.

(A) Before entering into an agreement to purchase synthetic natural gas or other fuels

produced by a facility originated under the auspices of the federal government pursuant

to a contract with the federal energy research and development administration or its

successor agencies for the purpose of converting coal to gaseous, liquid, or solid

fuels or by-products of such fuels, and the construction of which began on or after

July 1, 1975, but not later than December 31, 1982, a gas company or natural gas company

shall obtain approval of such agreement from the public utilities commission, which

approval shall be granted if the purchase price is to be based on the total cost of

service of the facility developer or developers in producing the synthetic natural

gas or other fuels for a reasonable profit to said developer or developers, taking

into account the desirability of encouraging energy research and development, the

developmental nature of the facility involved, and the attendant risks for the developer

or developers.  Promptly after the filing with it of an application to obtain such approval, the

public utilities commission shall set the matter for public hearing and shall render

a final decision on such application within sixty days of its filing. (B) Notwithstanding division (B) of section 4905.302 of the Revised Code , any gas company or natural gas company that, pursuant to terms approved by the public

utilities commission, enters into an agreement to purchase synthetic natural gas or

fuels produced by such a facility for distribution to some or all of its customers

shall adjust its rates pursuant to and in accordance with a purchased gas adjustment

rule promulgated by the commission pursuant to this section. (C) The commission may adjust any proposed rate change under division (B) of this section

on account of arithmetic or clerical error.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 4905.303
  • Jurisdiction: Ohio
  • Code: Ohio Revised Code
  • Text: transcribed from the official source (verify below)

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Common questions

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What subject does Ohio Revised Code § 4905.303 address?

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