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House backs bill allowing Intermountain Power Project subsidiaries to pursue alternative energy
Utah House of Representatives · March 7, 2016
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Summary
Lawmakers passed HB 341 to let the Intermountain Power Project set up subsidiary 'segments' as interlocal entities to diversify into solar, wind or other energy uses during a coal-to-gas transition; sponsor said the change aims to preserve employment and tax revenue; passage was 73–0.
Representative Nelson, sponsor of HB 341, described the Intermountain Power Project (IPP) as a major state power producer planning a conversion from coal to natural gas and seeking legislative authority to create subsidiaries ("segments") to diversify into alternative energy…
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