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Committee advances bill to allow utility partnerships but bars recovery from ratepayers for partner contributions
Summary
Senate Bill 423 was amended to broaden who can partner with utilities on energy projects and to clarify that costs contributed by partners cannot subsequently be recovered from utility ratepayers; the committee approved the measure after discussion about ratepayer protections.
The Utilities, Energy and Telecommunications Committee advanced an amended version of Senate Bill 423 that allows eligible utilities to form partnerships with a broader set of partners and clarifies that costs contributed by partners cannot be later passed on to ratepayers.
Senator Cook, the bill’s sponsor, said the amendment expands the original pilot concept to permit any utility that wishes to form a partnership with another utility, a customer, a capital partner, a military installation, a reuse authority, an SMR manufacturer or a state educational institution to seek IURC review and approval for that partnership. "If you are a partner you cannot as a utility then try to recover those same costs from the ratepayers," Cook said during remarks on the…
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