Voltage regulation technologies; electric utilities to recover costs and earn 15 percent rate. (SB565)

Introduced By

Sen. Patsy Ticer (D-Alexandria)

Progress

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

Description

Installation of voltage regulation technologies; recovery of costs.  Allows electric utilities to recover the costs and to earn a 15 percent rate of return on investments in certain voltage regulation technologies. To qualify for this treatment, a voltage regulation device shall reduce energy consumption, improve grid efficiency, raise or lower voltage dynamically and be 99 percent or more efficient across at least 90 percent of the load curve. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2010Prefiled and ordered printed; offered 01/13/10 10100950D
01/13/2010Referred to Committee on Commerce and Labor
01/21/2010Impact statement from SCC (SB565)
02/08/2010Stricken at request of Patron in Commerce and Labor (15-Y 0-N) (see vote tally)

Duplicate Bills

The following bills are identical to this one: SB344.