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)

Summary

The legislation stops electric utilities from including a rate of return on equity for retired generating facilities in their rates. It also creates a web‑based dashboard that shows the status of applications for certificates of public convenience and necessity and related permits, and adds new conditions for large generating projects, including a 70% on‑site use requirement and a requirement that developers pay interconnection costs. The changes aim to increase transparency and ensure new plants primarily serve on‑site industrial needs.

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