PUC Bans Pass-Through Clauses in ALL Fixed Rate Contracts In Ruling “Fixed Means Fixed”; Rules on Permissibility of Regulatory Out Clauses
- Posted By: Scott Merrell
The Public Utilities Commission of Ohio has ruled that fixed rate electric contracts, for all customer classes, may not contain pass-through clauses, but will allow for regulatory-out clauses that allow suppliers to cease service under fixed rate contracts under terms as delineated in the contracts “[I]n all CRES contracts, whether residential, commercial, or industrial, fixed […]