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2008 SESSION

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SB 93 Electric Utility Restructuring Act; repeals certain provisions.

Introduced by: W. Roscoe Reynolds | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Electric utility restructuring.  Repeals provisions of the Electric Utility Restructuring Act that established parameters for the rate of return to be earned by certain electric utilities, recovery of certain expenses, and incentives for constructing new generation facilities and meeting voluntary renewable energy targets. The measure reinstitutes traditional cost-of-service ratemaking principles for such utilities, effective January 1, 2009.


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