Allows electrical corporations to charge for services based on the costs of certain construction work in progress

Summary

The proposal would stop electric utilities from charging customers for costs tied to construction projects that are not yet in service, but would permit them to include the cost of new natural‑gas units and clean‑baseload nuclear or renewable plants in their rate base. Utilities could recover those costs through rates, but would have to refund them with interest if the projects are delayed or deemed imprudent. The measure did not become law.

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