Legislation Would Force Review Of Utility Company Projections
A pair of Ohio state senators want to tighten scrutiny of utility company electric-usage projections, hoping to avoid expensive new power plants that may not be needed. “The forecasts must be real,” State Sen. Mark Romanchuk, R-Ontario, said at a news conference Tuesday. “Forecast is not demand. A speculative project that may never use a single megawatt in Ohio should not become the excuse for costs that real customers are forced to pay.” Romanchuk co-sponsored Senate Bill 457, the Electricity Forecast Integrity Act, to “encourage more accurate forecasting to prevent ...