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2014 SESSION
HB 848 Electric utility regulation; recovery of costs of new underground distribution facilities.
Introduced by: G. Manoli Loupassi | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Electric utility regulation; recovery of costs of new underground distribution facilities. Authorizes investor-owned electric utilities to recover the costs of new underground distribution facilities through a rate adjustment clause. Eligible facilities will replace existing overhead distribution facilities of 69 kilovolts or less. Petitions seeking approval for recovery of such costs shall not be brought more frequently than annually. A utility shall not seek any annual incremental increase in the level of investments in such facilities that exceeds five percent of the utility's distribution rate base. In determining whether to approve a rate adjustment clause for such facilities, the State Corporation Commission is directed to liberally construe the provisions of Title 56 and to give due consideration to the public policy goals of increased electric service reliability and reduced outage times associated with the replacement of existing overhead distribution facilities with new underground facilities. None of the costs of such new facilities shall be allocated to customers in the large power service rate class for a Phase I utility or general service rate classes for a Phase II utility.
FULL TEXT
- 01/08/14 House: Prefiled and ordered printed; offered 01/08/14 14102014D pdf | impact statement
- 01/21/14 House: Printed as engrossed 14102014D-E pdf | impact statement
- 02/24/14 House: Bill text as passed House and Senate (HB848ER) pdf | impact statement
- 03/07/14 Governor: Acts of Assembly Chapter text (CHAP0212) pdf
AMENDMENTS
HISTORY
- 01/08/14 House: Prefiled and ordered printed; offered 01/08/14 14102014D
- 01/08/14 House: Referred to Committee on Commerce and Labor
- 01/16/14 House: Reported from Commerce and Labor with amendments (20-Y 0-N)
- 01/20/14 House: Read first time
- 01/21/14 House: Read second time
- 01/21/14 House: Committee amendments agreed to
- 01/21/14 House: Engrossed by House as amended HB848E
- 01/21/14 House: Printed as engrossed 14102014D-E
- 01/22/14 House: Passed by for the day
- 01/23/14 House: Read third time and passed House (95-Y 1-N 1-A)
- 01/23/14 House: VOTE: PASSAGE (95-Y 1-N 1-A)
- 01/24/14 Senate: Constitutional reading dispensed
- 01/24/14 Senate: Referred to Committee on Commerce and Labor
- 02/17/14 Senate: Reported from Commerce and Labor (16-Y 0-N)
- 02/19/14 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/20/14 Senate: Read third time
- 02/20/14 Senate: Passed Senate (40-Y 0-N)
- 02/24/14 House: Enrolled
- 02/24/14 House: Bill text as passed House and Senate (HB848ER)
- 02/24/14 House: Signed by Speaker
- 02/26/14 Senate: Signed by President
- 03/07/14 Governor: Approved by Governor-Chapter 212 (effective 7/1/14)
- 03/07/14 Governor: Acts of Assembly Chapter text (CHAP0212)