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2023 SESSION
HB 2267 Electric utilities; cost recovery, alternative to rate adjustment clause.
Introduced by: Tony O. Wilt | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Electric utilities; cost recovery; alternative to rate adjustment clause. Provides that in any proceeding regarding petitions for a rate adjustment clause, the State Corporation Commission may, as an alternative to a rate adjustment clause, authorize recovery of any proposed cost through the utility's rates for generation and distribution services, if the Commission, in its discretion, determines that such cost recovery better serves ratepayers while still providing the utility the opportunity to recover its costs and earn a fair rate of return.
FULL TEXT
HISTORY
- 01/11/23 House: Prefiled and ordered printed; offered 01/11/23 23101028D
- 01/11/23 House: Referred to Committee on Commerce and Energy
- 02/02/23 House: Reported from Commerce and Energy (22-Y 0-N)
- 02/05/23 House: Read first time
- 02/06/23 House: Read second time and engrossed
- 02/07/23 House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 02/07/23 House: VOTE: Block Vote Passage (99-Y 0-N)
- 02/08/23 Senate: Constitutional reading dispensed
- 02/08/23 Senate: Referred to Committee on Rules
- 02/13/23 Senate: Rereferred from Rules (16-Y 0-N)
- 02/13/23 Senate: Rereferred to Commerce and Labor
- 02/20/23 Senate: Passed by indefinitely in Commerce and Labor (7-Y 6-N)