4929.11 Automatic adjustment mechanism or device for rates.

4929.11 Automatic adjustment mechanism or device for rates.

Nothing in the Revised Code prohibits, and the public utilities commission may allow, any automatic adjustment mechanism or device in a natural gas company’s rate schedules that allows a natural gas company’s rates or charges for a regulated service or goods to fluctuate automatically in accordance with changes in a specified cost or costs.

Effective Date: 09-17-1996