HB1718
Electric utilities; fuel cost recovery.
Summary
As Introduced. Electric utilities; fuel cost recovery.
Requires an electric utility, as a condition of approval of any request by an electric utility for recovery through its fuel factor of costs incurred under a natural gas capacity contract not previously subject to review in a fuel factor case, to prove by a preponderance of the evidence that, ... (More) at the time the contract giving rise to the costs for which recovery is sought was executed, the utility had (i) identified and determined the date and amount of new fueling resource it needed; (ii) objectively studied all available alternative fueling resource options, including options other than new capacity contract or contracts to meet the identified and determined need; and (iii) concluded on the basis of such identifications, determinations, and studies that the pipeline capacity contract or contracts were the lowest-cost available option, taking into consideration fixed and variable costs and a reasonable projection of utilization. (Less)-
Bill History
- 12/17/2018 - House: Prefiled and ordered printed; offered 01/09/19 19102941D
- 12/17/2018 - House: Referred to Committee on Commerce and Labor
- 01/10/2019 - House: Assigned C & L sub: Subcommittee #3
- 01/11/2019 - House: Impact statement from SCC (HB1718)
- 01/24/2019 - House: Subcommittee recommends reporting (8-Y 2-N)
- 01/31/2019 - House: Reported from Commerce and Labor (11-Y 8-N)
- 02/03/2019 - House: Read first time
- 02/04/2019 - House: Read second time and engrossed
- 02/05/2019 - House: Read third time and passed House (57-Y 40-N 1-A)
- 02/05/2019 - House: VOTE: PASSAGE (57-Y 40-N 1-A) Close Floor Vote
- 02/06/2019 - Senate: Constitutional reading dispensed
- 02/06/2019 - Senate: Referred to Committee on Commerce and Labor
- 02/11/2019 - Senate: Passed by indefinitely in Commerce and Labor with letter (10-Y 3-N)
