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2009 SESSION

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HB 2506 Energy efficiency programs; investor-owned electric utilities to recover costs of designing, etc.

Introduced by: Albert C. Pollard, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)

Energy efficiency programs.  Authorizes investor-owned electric utilities to recover, through a rate adjustment clause, the costs of designing, implementing, and operating energy efficiency programs, including a general rate of return on operating expenses, if such programs are found to be in the public interest. The utility may earn a general rate of return on energy efficiency programs. The State Corporation Commission may allow for the recovery of reductions in revenue related to energy efficiency programs, to the extent the revenue is not recovered through off-system sales. The costs of new energy efficiency programs shall not be assigned to certain large customers. In proceedings regarding such programs, the Commission shall take into consideration the goals of economic development, energy efficiency, and environmental protection. HB 2176 is incorporated.


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