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2009 SESSION

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SB 1339 Electric utility regulation; directs SCC to require utilities to offer service under tariffs.

Introduced by: Mark R. Herring | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Electric utility regulation.  Establishes a fourth voluntary renewable portfolio standard goal of 15 percent by 2025. The measure also (i) requires investor-owned electric utilities to develop tariffs offering dynamic rates that vary in accordance with the utility's costs of providing electricity seasonally, daily, and throughout each day; and (ii) requires that rates for utility payments to eligible customer-generators under a net energy metering program be based on the utility's avoided generation costs and the average market value of the renewable attributes for the customer-generator's facility. The measure will become effective if reenacted by the 2010 Session.


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