Relating to: prohibiting recovery of a rate of return on retired electric generating facilities; an exemption from certificate requirements for constructing a large electric generating facility; and a permit dashboard for applications for certificates of public convenience and necessity. (FE)
Fiscal estimate received
Summary
The bill bars electric utilities from recouping a rate of return on retired generating facilities in customer rates. It changes the certification process for large new power plants, requiring them to use at least 70% of their output on‑site and to cover all interconnection costs. It also requires the commission to maintain a public web page that tracks the status of each certificate application.
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