SB380: Gas utilities; performance-based regulation.

Chief Patron

Sen. Ryan McDougle (R-4)

Ryan McDougle (R-4)
Served: 2006–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

04/05/2006: signed by governor

View Entire History

Summary

Gas utilities; performance-based regulation.  Provides that performance-based ratemaking of a gas utility may include fixed or capped rates and reduction or elimination of regulatory requirements, in addition to existing elements.  A performance-based ratemaking methodology for a gas utility means a method of establishing rates and charges that are in the public interest and that departs from cost-of-service ratemaking methodology.  In deciding whether to approve a request for such methodology, the State Corporation Commission shall include, but not be limited to, in its consideration, measures that are reasonably estimated to preserve or improve system reliability, safety, supply diversity, and transportation options, and other customer benefits that are reasonably estimated to accrue from the proposal. The measure does not apply to plans for performance-based regulation pending on January 1, 2006.   View Full Text »