Landmark Ohio Supreme Court Ruling on Utility Submetering
We are writing to share some significant news regarding utility submetering in Ohio. Yesterday, the Ohio Supreme Court issued a unanimous and long-awaited decision that officially classifies submetering companies as "public utilities." For those in our industry, this is a major milestone. This issue has been a point of contention for nearly 16 years, as submetered residents often faced higher rates and fewer protections than those served directly by traditional utility providers. What This Means for Your Community By classifying these companies as public utilities, the court has opened the door for PUCO to implement: - Price Controls: Ensuring residents aren't overcharged compared to standard utility rates. - Consumer Protections: Providing rights regarding service disconnections and billing disputes. - Greater Oversight: Requiring submetering companies to "play by the rules" that govern all other essential electric and water services in the state. Next steps at this time, there is no specific action required from your Board or your residents. The ruling has been remanded to the PUCO to determine the exact regulatory framework and registration requirements for these companies moving forward. We look forward to seeing how this plays out and will continue to monitor the situation closely to ensure our communities benefit from these new protections. We believe this is a "big win" for fairness and transparency in community living. Feel free to share this update with your community members. As always, thank you for your partnership. Best regards, Arnold Barzak Managing Partner Capital Property Solutions