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2000 SESSION

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SB 163 Electric utility taxation.

Introduced by: John C. Watkins | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Electric utility taxation. Allows the consumption tax liability of an eligible customer-generator who is engaged in net metering to be determined on a net basis, measured by the difference between the amount of power consumed and the amount generated and put on the electricity grid. Under the Electric Utility Restructuring Act, customer-generators who generate electricity through certain small solar, wind, or hydroelectric systems are permitted to employ net metering equipment, subject to SCC regulations. The bill also amends the provisions of the consumer utility tax relating to the transition in the basis of assessment from the cost of electricity consumed to the amount of kilowatt hours consumed. Localities are required to amend their consumer utility tax ordinances by October 31, 2000, to provide for the conversion to a rate based on per-kWh consumption that is revenue neutral to the locality and does not shift the amount of the tax among classes of consumers. Kilowatt hours delivered are those supplied from the electric grid to such customer-generators minus the kilowatt hours generated and fed back to the electric grid by customer-generators. The procedures to be followed upon the nonpayment of the electricity consumption tax and the consumer utility tax are also clarified. The bill is a recommendation of the Legislative Transition Task Force established under the Electric Utility Restructuring Act.


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