Introduced
by
To require large electric utilities to apply to the state Public Service Commission for permission (a “financing order”) to assess customers for debt service costs incurred to cover the cost of new water and pollution control equipment required by federal or state regulations. One of the limited number of commercial customers in a customer choice program (who get power produced by another provider but transmitted over the utility’s lines) could not be charged for this.
Referred to the Committee on Energy and Technology