Electric utilities; proposed cost recovery, alternative to rate adjustment clause. (SB1417)

Introduced By

Sen. David Suetterlein (R-Salem)

Progress

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

Description

Electric utilities; cost recovery; alternative to rate adjustment clause. Provides that in any proceeding regarding petitions for a rate adjustment clause, the State Corporation Commission may, as an alternative to a rate adjustment clause, authorize recovery of any proposed cost through the utility's rates for generation and distribution services, if the Commission, in its discretion, determines that such cost recovery better serves ratepayers while still providing the utility the opportunity to recover its costs and earn a fair rate of return. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2023Prefiled and ordered printed; offered 01/11/23 23102703D
01/11/2023Referred to Committee on Commerce and Labor
01/16/2023Assigned C&L sub: Energy
01/23/2023Passed by indefinitely in Commerce and Labor (10-Y 3-N) (see vote tally)