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2013 SESSION

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SB 956 Investor-owned electric utilities; declining block rate for residential customers.

Introduced by: Barbara A. Favola | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED SENATE:

Electric utility rate schedules; declining block rates. Requires any investor-owned electric utility that uses declining block rates for residential customers during winter months to assess the appropriateness of such rates in integrated resource plans filed with the State Corporation Commission.

SUMMARY AS INTRODUCED:

Electric utility rate schedules; declining block rates. Prohibits the State Corporation Commission from approving declining block rates for residential customers in any proceeding in which it is required to review the rates and tariffs of an investor-owned electric utility or electric cooperative. The prohibition does not apply if the electric utility demonstrates that such a rate structure is equitable to all affected customers and consistent with the Commonwealth's energy efficiency goals. Under declining block rates, the per-unit price of electricity decreases as the amount of electricity consumed increases.