Effective: March 27, 2013
Latest Legislation: House Bill 379 - 129th General Assembly
When the public utilities commission has completed the valuation of the property of any public utility or railroad and before such valuation becomes final, it shall give notice by registered letter to such public utility or railroad, and if a substantial portion of said public utility or railroad is situated in a municipal corporation, then to the mayor of such municipal corporation, stating the valuations placed upon the several kinds and classes of property of such public utility or railroad and upon the property as a whole and give such further notice by publication or otherwise as it shall deem necessary to apprise the public of such valuation. If, within thirty days after such notification, no protest has been filed with the commission, such valuation becomes final. If notice of protest has been filed by any public utility or railroad, the commission shall fix a time for hearing such protest and shall consider at such hearing any matter material thereto presented by such public utility, railroad, or municipal corporation, in support of its protest or by any representative of the public against such protest. If, after the hearing of any protest of any valuation so fixed, the commission is of the opinion that its inventory is incomplete or inaccurate or that its valuation is incorrect, it shall make such changes as are necessary and shall issue an order making such corrected valuations final. A final valuation by the commission and all classifications made for the ascertainment of such valuations shall be public and are prima-facie evidence relative to the value of the property.
"Valuation" and "value," as used in this section, may include, with respect to a natural gas, water-works, or sewage disposal system company, projected valuation and value as of the date certain, if applicable because of a future date certain under section 4909.15 of the Revised Code.
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.