❌ SB298
Regards virtual net metering and meter aggregation
Summary
Bill SB298 establishes provisions for virtual net metering and meter aggregation for electric utilities in Ohio. It requires utilities to develop standard contracts or tariffs for net metering for hospitals and mercantile customers, allowing them to generate electricity without size limitations and receive credits for excess electricity supplied to the grid. The bill also mandates that virtual net metering systems meet specific criteria and that utilities assist customers in calculating their electricity requirements.
Rationale
The bill introduces government regulations on electric utilities and mandates specific contracts, which may conflict with Libertarian principles of minimal government intervention and free market operations. However, it does provide options for customer-generators that align with some aspects of economic liberty, leading to a mixed alignment score for both parties.
Risks and Concerns
- Increased government control over energy markets
- Potential for cronyism in utility contracts
- Regulatory burden on electric utilities