Ohio market structure

In 1999, the Senate Bill 3 was passed into law, and by January 2001 electric choice and competition in the electricity market was opened to customers in Ohio. For customers who decide not to choose their electric generation provider, the receive electric generation from their public utility or provider of last resort (POLR). 

For the 2006 to 2008 period, all the Ohio investor-owned utilities will operate under Rate Stabilization Plans (RSPs). A RSP provides default electric generation service at rates proposed by the utilities that may not reflect the true cost of supply at a given moment, and therefore make it difficult for retailers to offer savings.     

(05/31/07)