SB 124 – Provides discretion to the Public Service Commission to permit recovery of costs by electrical corporations

• Sponsor: Nodler
• LR Number: 0586S.01I
• Committee: Commerce, Energy and the Environment
• Last Action: 1/13/2005 - Second Read and Referred S Commerce, Energy and the Environment Committee
• Journal Page: S85
• Effective Date: August 28, 2005

Current Bill Summary

SB 124 - As a part of a general rate proceeding in which the Public Service Commission considers all relevant factors that may affect the costs or overall rates, the Commission may authorize an electrical corporation to recover all or a portion of its costs for delivering fuel, including transportation costs, to its generating stations. The Commission also may authorize an electrical corporation to recover all or a portion of its costs to purchase electrical energy for its retail customers pursuant to an interim energy change and other specific changes.

MEGAN WORD