Ohio Code § 4909.057
Ohio Code § 4909.057. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 4909.057.
(A) Upon application of the acquiring company, the public utilities commission may authorize
the acquiring company to defer post-in-service carrying costs on any improvements
made to the company that is acquired after an acquisition described in section 4909.052 of the Revised Code . Such costs shall be calculated at the acquiring company's weighted average cost
of debt as determined in its last rate case. Such deferrals shall commence after the date on which the expenditure was incurred
and shall continue until the investment has been in service for a three-year period,
until the acquiring company's next rate case that includes the investment, or until
the inclusion of the investment in a charge authorized under section 4909.172 of the Revised Code , whichever occurs first. (B) Upon application of the acquiring company, the public utilities commission may authorize
the acquiring company to defer any depreciation expense related to the post-acquisition
improvements described in division (A) of this section to be recovered over the life
of the assets commencing with the first rate case including the acquisition. This depreciation deferral shall continue until the associated investment has been
in service for a three-year period, until the acquiring company's next rate case that
includes the investment, or until the inclusion of the investment in a charge authorized
under section 4909.172 of the Revised Code , whichever occurs first.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 4909.057
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
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Common questions
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What subject does Ohio Revised Code § 4909.057 address?
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