Section 4929.16 - DefinitionsAs used in sections 4929.16 to 4929.167 of the Revised Code:
(A) "Infrastructure development" means constructing , upgrading, extending, or any other investment in, or associated with, transmission or distribution facilities that, except as provided for in division (B)(2)(b) of this section, a natural gas company owns and operates.(B)(1) "Infrastructure development costs" means costs associated with an investment in infrastructure development to which either of the following apply: (a) The investment is for any deposit required by the natural gas company, as defined in the line-extension provision of the company's tariff, less any contribution in aid of construction received from the owner or developer of the project.(b) The investment is designed to provide natural gas service to a site or economic development project that is supported by JobsOhio, any JobsOhio network or regional partner, or the department of development.(2) "Infrastructure development costs" includes all of the following:(a) Planning, development, and construction costs , including costs incurred prior to the approval of an economic development project pursuant to section 4929.163 of the Revised Code;(b) Costs associated with establishing or upgrading any connections with any source of supply to serve an economic development project, including interstate or intrastate pipelines, regardless of ownership of the facilities;(c) A return on all infrastructure development costs, with such return equal to the natural gas company's return on equity authorized in the natural gas company's most recently approved rate case under section 4909.18 of the Revised Code.Amended by 135th General Assembly File No. TBD, HB 201,§1, eff. 3/28/2024.Added by 130th General Assembly, HB 319,§1, eff. 3/23/2015.