AN ACT relating to decommissioning costs for electric generating units.

Summary

The bill requires utilities to get approval from the Kentucky Public Service Commission before shutting down any fossil‑fuel generating unit. To get approval, a utility must show it will replace the plant with reliable, dispatchable capacity, prove no extra cost to ratepayers, and demonstrate the retirement isn’t driven by federal incentives. The commission must also report annually on retirements and their effects.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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