Energy efficiency programs; rate recovery options for utilities. (SB150)
Introduced By
Sen. Richard Stuart (R-Westmoreland)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Energy efficiency programs; rate recovery options for utilities. Eliminates the ability of an investor-owned utility to recover revenue reductions that result from implementation of energy efficiency programs. The bill also requires the Commission to only approve such a petition for a rate increase if it finds that the energy efficiency program will result in a net cost savings to customers after a reasonable period of time and the program is in the public interest. Read the Bill »
Status
01/25/2010: Failed to Pass in Committee
History
| Date | Action |
|---|---|
| 01/11/2010 | Prefiled and ordered printed; offered 01/13/10 10100956D |
| 01/11/2010 | Referred to Committee on Commerce and Labor |
| 01/17/2010 | Impact statement from SCC (SB150) |
| 01/25/2010 | Passed by indefinitely in Commerce and Labor (9-Y 6-N) (see vote tally) |