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House creates legislator-only task force to study electrical restructuring, approves scope and amendments
Summary
The Utah House on Feb. 26 approved House Bill 313 to form a legislator-only task force to study electric restructuring, adopting amendments that narrow valuation duties and call for nondiscriminatory rate language and broader stakeholder representation for any subcommittees.
Representative Fox introduced House Bill 313 to create a legislator-only task force to study electrical-industry restructuring and related issues, saying the state must prepare for “an era of challenge and change in the electrical industry.” The task force is scheduled to meet frequently (three times per month from April through November) under the sponsor’s expedited timetable.
The bill’s central questions include how to value so-called stranded costs and how to preserve nondiscriminatory rate standards…
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