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2008 SESSION
SB 21 Electric utility rates; margins from off-system sales.
Introduced by: W. Roscoe Reynolds | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Electric utility rates; margins from off-system sales. Eliminates the requirement that 75 percent of the total annual margins from an electric utility's off-system sales of power be credited against the utility's fuel factor expenses, in the absence of a finding by clear and convincing evidence that a smaller percentage is in the public interest. The measure provides that the State Corporation Commission shall determine the percentage of such margins to be credited against fuel factor expenses that is in the public interest.
FULL TEXT
HISTORY
- 12/12/07 Senate: Prefiled and ordered printed; offered 01/09/08 080023316
- 12/12/07 Senate: Referred to Committee on Commerce and Labor
- 02/04/08 Senate: Left in Commerce and Labor