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Committee reviews cleanup bill clarifying storage, aggregation and VPP rules from DRIVE Act
Summary
HB 1419 amends the DRIVE Act provisions passed last year: it removes a proposed regulatory asset treatment, clarifies that behind-the-meter aggregators are not electric companies, directs PSC to evaluate storage practices in other states and permits use of telematics where utilities lack smart meters.
House Economic Matters Committee members reviewed House Bill 1419, presented as cleanup and clarification to the DRIVE Act passed last year. The bill removes language classifying certain costs as a regulatory asset (a change sponsors said eliminates the treatment and its associated…
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