OMA Supports Electricity Ratemaking Reform Bill


Last week, the OMA hosted a policy briefing on Senate Bill 143, legislation that would implement a clean repeal of Ohio’s electric security plans (ESPs). This OMA-supported legislation would help reduce manufacturers’ electricity costs, increase consumer protections, and allow for more market-based competition. SB 143, introduced by Sen. Mark Romanchuk (R-Ontario) — a manufacturing business owner — has been referred to committee as the Senate returned to action this week. The OMA has published this two-page summary of SB 143, as well as this one-page document comparing SB 143 to another pending ratemaking bill (SB 102) that is not favored by manufacturers. 9/14/2023