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Developed and maintained by the Division of Legislative Automated Systems.
2008 SESSION
HB 543 Natural gas utilities; alternative ratemaking plan, report.
Introduced by: Samuel A. Nixon, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Natural gas utilities; alternative ratemaking plan. Authorizes any natural gas utility to file a conservation and ratemaking efficiency plan that includes (i) a normalization component that removes the effect of weather from the determination of conservation and energy efficiency results, (ii) a decoupling mechanism, (iii) cost-effective conservation and energy efficiency programs, (iv) provisions to address the needs of low-income or low-usage residential consumers, and (v) provisions to ensure that the rates and service to nonparticipating classes of customers are not adversely impacted. Such plans may include one or more residential, small commercial, or small general service classes, but shall not apply to large commercial or large industrial customer classes. The State Corporation Commission (SCC) is required to allow a utility that implements a plan to recover, through its regulated rates, its costs, together with a return thereon, associated with cost-effective conservation and energy efficiency programs. Utilities that demonstrate certain reductions in annualized, weather-normalized usage per customer will receive the opportunity to earn an incentive of up to 15 percent share of the independently verified net economic benefits created by the conservation and energy efficiency programs. The SCC is prohibited from reducing a utility's profit as a result of the implementation of a natural gas conservation and ratemaking efficiency plan. The SCC is required to report annually on the implementation of the measure.
FULL TEXT
- 01/07/08 House: Prefiled and ordered printed; offered 01/09/08 080113656 pdf
- 01/25/08 House: Committee substitute printed 080147656-H1 pdf | impact statement
- 02/26/08 Senate: Committee substitute printed 089564656-S1 pdf | impact statement
- 03/05/08 House: Bill text as passed House and Senate (HB543ER) pdf | impact statement
- 03/13/08 House: Reenrolled bill text (HB543ER2) pdf
- 03/18/08 Governor: Acts of Assembly Chapter text (CHAP0639) pdf
AMENDMENTS
HISTORY
- 01/07/08 House: Prefiled and ordered printed; offered 01/09/08 080113656
- 01/07/08 House: Referred to Committee on Commerce and Labor
- 01/24/08 House: Reported from Commerce and Labor with substitute (22-Y 0-N)
- 01/25/08 House: Committee substitute printed 080147656-H1
- 01/28/08 House: Read first time
- 01/29/08 House: Read second time
- 01/29/08 House: Committee substitute agreed to 080147656-H1
- 01/29/08 House: Passed by for the day
- 01/30/08 House: Read second time
- 01/30/08 House: Engrossed by House - committee substitute HB543H1
- 01/31/08 House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
- 01/31/08 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 01/31/08 House: Communicated to Senate
- 02/01/08 Senate: Constitutional reading dispensed
- 02/01/08 Senate: Referred to Committee on Commerce and Labor
- 02/19/08 Senate: Assigned C&L sub: Utilities
- 02/25/08 Senate: Reported from Commerce and Labor with substitute (14-Y 0-N 1-A)
- 02/26/08 Senate: Committee substitute printed 089564656-S1
- 02/27/08 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/28/08 Senate: Read third time
- 02/28/08 Senate: Reading of substitute waived
- 02/28/08 Senate: Committee substitute agreed to 089564656-S1
- 02/28/08 Senate: Engrossed by Senate - committee substitute HB543S1
- 02/28/08 Senate: Passed Senate with substitute (39-Y 0-N 1-A)
- 02/29/08 House: Placed on Calendar
- 03/03/08 House: Senate substitute agreed to by House 089564656-S1 (100-Y 0-N)
- 03/03/08 House: VOTE: --- ADOPTION (100-Y 0-N)
- 03/05/08 House: Enrolled
- 03/05/08 House: Bill text as passed House and Senate (HB543ER)
- 03/05/08 House: Signed by Speaker
- 03/06/08 Senate: Signed by President
- 03/12/08 House: Governor's recommendation received by House
- 03/12/08 House: Placed on Calendar
- 03/13/08 House: House concurred in Governor's recommendation (97-Y 0-N)
- 03/13/08 House: VOTE: --- ADOPTION (97-Y 0-N)
- 03/13/08 Senate: Senate concurred in Governor's recommendation (39-Y 0-N 1-A)
- 03/13/08 Governor: Governor's recommendation adopted
- 03/13/08 House: Reenrolled
- 03/13/08 House: Reenrolled bill text (HB543ER2)
- 03/13/08 House: Signed by Speaker as reenrolled
- 03/13/08 Senate: Signed by President as reenrolled
- 03/13/08 House: Enacted, Chapter 639 (effective 7/1/08)
- 03/18/08 Governor: Acts of Assembly Chapter text (CHAP0639)