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Home » US Law » 2022 Ohio Revised Code » Title 49 | Public Utilities » Chapter 4909 | Public Utilities Commission - Fixation of Rates

Section 4909.01 | Public Utilities Commission – Fixation of Rates Definitions.

Effective: June 11, 2012 Latest Legislation: House Bill 487 – 129th General Assembly As used in this chapter: (A) “Public utility” has the same meaning as in section 4905.02 of the Revised Code. (B) “Electric light company,” “gas company,” “natural gas company,” “pipeline company,” “water-works company,” “sewage disposal system company,” and “street railway company” have […]

Section 4909.02 | Regulations and Practices Prescribed by Commission Prima-Facie Reasonable.

Effective: June 11, 2012 Latest Legislation: House Bill 487 – 129th General Assembly All regulations, practices, and service of railroad companies prescribed by the public utilities commission shall be in force and be prima-facie reasonable, unless suspended or found otherwise in an action brought for that purpose pursuant to Chapters 4901., 4903., 4905., 4907., and […]

Section 4909.03 | Effect of Rates Fixed by Commission.

Effective: June 11, 2012 Latest Legislation: House Bill 487 – 129th General Assembly All rates, fares, charges, classifications, and joint rates of railroad companies fixed by the public utilities commission shall be in force and be prima-facie lawful for two years from the day they take effect, or until changed or modified by the commission […]

Section 4909.04 | Valuation of Property to Determine Justice of Rates.

Effective: September 1, 1976 Latest Legislation: Senate Bill 94 – 111th General Assembly (A) The public utilities commission, for the purpose of ascertaining the reasonableness and justice of rates and charges for the service rendered by public utilities or railroads, or for any other purpose authorized by law, may investigate and ascertain the value of […]

Section 4909.05 | Report of Valuation of Property.

Effective: April 5, 2019 Latest Legislation: House Bill 422 – 132nd General Assembly As used in this section: (A) A “lease purchase agreement” is an agreement pursuant to which a public utility leasing property is required to make rental payments for the term of the agreement and either the utility is granted the right to […]

Section 4909.051 | Definitions for Sections 4909.052 to 4909.055.

Effective: April 5, 2019 Latest Legislation: House Bill 422 – 132nd General Assembly As used in sections 4909.052 to 4909.055 of the Revised Code: “Large water-works or sewage disposal system company” means a water-works or sewage disposal system company that has annual operating revenues of two hundred fifty thousand dollars or more. “Municipal water-works or […]

Section 4909.053 | Appraisals.

Effective: April 5, 2019 Latest Legislation: House Bill 422 – 132nd General Assembly Each utility-valuation expert employed under section 4909.052 of the Revised Code shall return the appraisal required under that section, in writing, to both companies described in that section in a reasonable and timely manner. All appraisals shall be included in any filing […]

Section 4909.054 | List of Utility-Valuation Experts.

Effective: April 5, 2019 Latest Legislation: House Bill 422 – 132nd General Assembly For purposes of section 4909.052 of the Revised Code, the public utilities commission shall maintain a list of utility-valuation experts from which a water-works or sewage disposal system company may choose. The commission shall be responsible for creating and maintaining reasonable criteria […]

Section 4909.055 | Cost of Obtaining Valuations.

Effective: April 5, 2019 Latest Legislation: House Bill 422 – 132nd General Assembly Prudent costs of obtaining the three valuations used to determine the market value of the system in an acquisition described in section 4909.052 of the Revised Code shall be deferred as an expense for future recovery in a manner as determined by […]

Section 4909.057 | Deferral of Post-in-Service Carrying Costs.

Effective: April 5, 2019 Latest Legislation: House Bill 422 – 132nd General Assembly (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. […]

Section 4909.059 | Construction of Sections.

Effective: April 5, 2019 Latest Legislation: House Bill 422 – 132nd General Assembly Sections 4905.481, 4905.49, 4905.491, and 4909.051 to 4909.057 of the Revised Code shall be exclusively applied to voluntary and mutually agreeable acquisitions. Last updated February 24, 2022 at 12:36 PM

Section 4909.06 | Additional Facts.

Effective: March 27, 2013 Latest Legislation: House Bill 379 – 129th General Assembly The investigation and report required by section 4909.05 of the Revised Code shall show, when the public utilities commission deems it necessary, the amounts, dates, and rates of interest of all bonds outstanding against each public utility or railroad, the property upon […]

Section 4909.07 | Revision and Correction of Valuations.

Effective: March 27, 2013 Latest Legislation: House Bill 379 – 129th General Assembly The public utilities commission, during the making of the valuation provided for in sections 4909.04 to 4909.13 of the Revised Code, and after its completion, shall in like manner keep itself informed through its engineers, experts, and other assistants of all extensions, […]

Section 4909.08 | Notice and Hearing Before Valuation Becomes Final.

Effective: March 27, 2013 Latest Legislation: House Bill 379 – 129th General Assembly When the public utilities commission has completed the valuation of the property of any public utility or railroad and before such valuation becomes final, it shall give notice by registered letter to such public utility or railroad, and if a substantial portion […]

Section 4909.09 | Ascertainment of Valuation.

Effective: September 1, 1976 Latest Legislation: Senate Bill 94 – 111th General Assembly When the authority is conferred or the obligation is imposed upon the public utilities commission to ascertain the value of any public utility or railroad, such valuation shall be made in accordance with sections 4901.01 to 4901.14, 4901.17 to 4901.24, 4903.10, 4903.12 […]

Section 4909.10 | Hearing to Ascertain Value of Property – Notice.

Effective: October 26, 1953 Latest Legislation: House Bill 134 – 100th General Assembly For the purpose of ascertaining the value of the property of any public utility or railroad in this state, including municipally owned or operated public utilities, the public utilities commission may cause a hearing to be held at such time and place […]

Section 4909.11 | Filing and Review of Findings.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The public utilities commission shall make and file its findings of fact in writing upon all matters, concerning which evidence has been introduced before it, which in its judgment have bearing on the value of the property of the public utility or […]

Section 4909.12 | Admissibility of Findings in Evidence.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The findings of the public utilities commission made and filed under section 4909.11 of the Revised Code, when properly certified under the seal of the commission, are admissible in evidence in any action, proceeding, or hearing before the commission or any court, […]

Section 4909.13 | Additional Hearings.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The public utilities commission may cause further hearings and investigations to be had for the purpose of making revaluations or ascertaining the value of any betterments, improvements, additions, or extensions made by any public utility or railroad subsequent to any prior hearing […]