Relating to: securitization of retiring power plants. (FE)

Summary

The bill creates a new statutory category that treats the retirement of any non‑renewable electric generating facility as an environmental control activity. It also expands the definition of “environmental control cost” to include capital costs tied to retiring such plants, such as demolition expenses that exceed salvage value, while excluding fines or penalties. This change affects how utilities can account for these costs when financing projects.

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

Topics

Share