Section 4901:1-35-01 - Definitions(A) "Alternative retail rate option" means time-differentiated pricing, dynamic retail pricing, and other alternative retail rate options.(B) "Application" means an application for standard service offer pursuant to this chapter.(C) "Commission" means the public utilities commission of Ohio.(D) "Dynamic retail pricing" means a retail rate design which includes prices that can change based on changes in wholesale electricity prices, power system conditions, or the marginal cost of providing electric service.(E) "Electric utility" has the meaning set forth in division (A)(11) of section 4928.01 of the Revised Code.(F) "Electric security plan" means an electric utility plan for the supply and pricing of electric generation service including other related matters pursuant to section 4928.143 of the Revised Code.(G) "Market-rate offer" means an electric utility plan for the supply and pricing of electric generation service pursuant to section 4928.142 of the Revised Code.(H) "Person" has the meaning set forth in division (A)(24) of section 4928.01 of the Revised Code.(I) "Standard service offer" means an electric utility offer to provide consumers, on a comparable and nondiscriminatory basis within its certified territory, all competitive retail electric services necessary to maintain essential electric service to consumers, including a firm supply of electric generation service, pursuant to section 4928.141 of the Revised Code.(J) "Staff" means the staff of the commission or its authorized representatives.(K) "Time differentiated pricing" means a retail rate design which includes differing prices based upon the time that electricity is used in order to reflect differences in expected costs or wholesale electricity prices in different time periods.Ohio Admin. Code 4901:1-35-01
Effective: 6/19/2023
Five Year Review (FYR) Dates: 7/15/2026
Promulgated Under: 111.15
Statutory Authority: R.C. 4928.06, 4928.141
Rule Amplifies: R.C. 4928.14, 4928.141, 4928.142, 4928.143
Prior Effective Dates: 05/27/2004, 05/07/2009, 12/25/2014, 07/25/2021