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House reconsiders and narrowly passes Sustainable Transportation and Energy Plan Act after heated debate over utility risk
Summary
After reconsideration, the Utah House passed fourth substitute SB115, the Sustainable Transportation and Energy Plan Act, following floor debate about whether the bill shifts fuel-price risk from utilities to ratepayers; the measure passed 46-26 and returns to the Senate.
SALT LAKE CITY — The Utah House reconsidered and passed fourth substitute SB115, the Sustainable Transportation and Energy Plan Act, after a lengthy floor debate over the distribution of fuel-price risk between utilities and customers.
Representative John Snow, sponsor of the bill, told the House the measure does not allow “Rocky Mountain Power or any major utility to set their own rates,” and emphasized reporting requirements and a sunset provision intended as safeguards. Snow said the proposal includes…
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