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2018 SESSION

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SB 808 Electric utilities; Transitional Rate Period, coal combustion residuals landfills.

Introduced by: Scott A. Surovell | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Electric utilities; Transitional Rate Period; coal combustion residuals landfills. Shortens the duration of the Transitional Rate Period (Period) for any Phase II Utility. The measure provides that the Period ends December 31, 2017, which is the date the Period is currently scheduled to end for a Phase I Utility. The measure provides that biennial reviews will commence in 2020 for both Phase I and Phase II Utilities, which advances the year of the first post-Period biennial review for a Phase II Utility by two years. The measure also provides that during the first biennial review after the Period, the State Corporation Commission shall determine whether the utility would have owed customers a refund during any test period in the Transitional Rate Period, and, if so, the utility may elect to expense up to 80 percent of costs associated with closure by removal of coal combustion residuals landfill or surface impoundments against its overearnings. The measure requires the owner or operator of any coal combustion residuals unit to submit reports on the costs associated with removal of coal combustion residuals landfill or surface impounds.


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