Effective: September 1, 1976
Latest Legislation: Senate Bill 94 - 111th General Assembly
(A) The public utilities commission, for the purpose of ascertaining the reasonableness and justice of rates and charges for the service rendered by public utilities or railroads, or for any other purpose authorized by law, may investigate and ascertain the value of the property of any public utility or railroad in this state used or useful for the service and convenience of the public, using the same criteria that are set forth in section 4909.05 of the Revised Code. At the request of the legislative authority of any municipal corporation, the commission, after hearing and determining that such a valuation is necessary, may also investigate and ascertain the value of the property of any public utility used and useful for the service and convenience of the public where the whole or major portion of such public utility is situated in such municipal corporation.
(B) To assist the commission in preparing such a valuation, every public utility or railroad shall:
(1) Furnish to the commission, or to its agents, as the commission requires, maps, profiles, schedules of rates and tariffs, contracts, reports of engineers, and other documents, records, and papers, or copies of any of them, in aid of any investigation and ascertainment of the value of its property;
(2) Grant to the commission or its agents free access to all of its premises and property and its accounts, records, and memoranda whenever and wherever requested by any such authorized agent;
(3) Cooperate with and aid the commission and its agents in the work of the valuation of its property in such further particulars and to such extent as the commission requires and directs.
(C) The commission may make all rules which seem necessary to ascertain the value of the property and plant of each public utility or railroad.
Structure Ohio Revised Code
Chapter 4909 | Public Utilities Commission - Fixation of Rates
Section 4909.01 | Public Utilities Commission - Fixation of Rates Definitions.
Section 4909.02 | Regulations and Practices Prescribed by Commission Prima-Facie Reasonable.
Section 4909.03 | Effect of Rates Fixed by Commission.
Section 4909.04 | Valuation of Property to Determine Justice of Rates.
Section 4909.05 | Report of Valuation of Property.
Section 4909.051 | Definitions for Sections 4909.052 to 4909.055.
Section 4909.053 | Appraisals.
Section 4909.054 | List of Utility-Valuation Experts.
Section 4909.055 | Cost of Obtaining Valuations.
Section 4909.057 | Deferral of Post-in-Service Carrying Costs.
Section 4909.059 | Construction of Sections.
Section 4909.06 | Additional Facts.
Section 4909.07 | Revision and Correction of Valuations.
Section 4909.08 | Notice and Hearing Before Valuation Becomes Final.
Section 4909.09 | Ascertainment of Valuation.
Section 4909.10 | Hearing to Ascertain Value of Property - Notice.
Section 4909.11 | Filing and Review of Findings.
Section 4909.12 | Admissibility of Findings in Evidence.
Section 4909.13 | Additional Hearings.
Section 4909.14 | Wrongful Valuation.
Section 4909.15 | Fixation of Reasonable Rate.
Section 4909.151 | Consideration of Costs Attributable to Service.
Section 4909.152 | Consideration of Efficiency, Sufficiency, Adequacy of Facilities.
Section 4909.153 | Hearing Service Complaints.
Section 4909.155 | Filing Report on Bonds, Stock and Money.
Section 4909.156 | Filing Report Showing Property Valuation.
Section 4909.16 | Power to Amend, Alter, or Suspend Schedule of Rates.
Section 4909.161 | Recovering Increased Excise Tax Levy and Kilowatt-Hour Tax.
Section 4909.17 | Approval Required for Change in Rate.
Section 4909.172 | Application for Approval to Collect Infrastructure Improvement Surcharge.
Section 4909.18 | Application to Establish or Change Rate.
Section 4909.19 | Publication of Notice - Investigation.
Section 4909.20 | Regulation of Freight Charges.
Section 4909.21 | Rules and Regulations Relative to Carload Shipments of Livestock.
Section 4909.22 | Rates Shall Be Just and Reasonable.
Section 4909.23 | Special Contract Rates.
Section 4909.24 | Complaints and Hearings.
Section 4909.25 | Separate Hearings.
Section 4909.26 | Commission May Change Unreasonable Rate.
Section 4909.27 | Investigating Rates Upon Its Own Motion.
Section 4909.28 | Commission May Change Rate or Service.
Section 4909.29 | Copies of Orders to Be Supplied Railroad.
Section 4909.30 | Commission May Rescind or Amend an Order.
Section 4909.31 | Supplemental Order as to Railroads.
Section 4909.32 | Commission May Fix Joint Rate.
Section 4909.33 | Supplemental Order as to Public Utilities.
Section 4909.35 | Failure of Municipal Corporation to Fix Rates.
Section 4909.36 | Hearing Upon Accepted Rates - Procedure.
Section 4909.37 | Hearing Where Cause of Action Arose.
Section 4909.38 | Complaint, Appeal, or Notification Requirements.
Section 4909.39 | Findings as to Rate - Valuation of Property.
Section 4909.40 | Certain Rates, Fares, Regulations, and Prices Excepted.
Section 4909.42 | Commission Fails to Issue Timely Order.
Section 4909.43 | Filing Rate Increase Application.
Section 4909.45 | Information Furnished by Gas or Natural Gas Company to Municipal Corporation.