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Committee advances bill letting PSC approve cost recovery for gas alternatives and pilots
Summary
SB136 would amend the least-cost gas purchasing statute to allow the Arkansas Public Service Commission to let utilities recover reasonable costs for renewable natural gas and hydrogen demonstration projects if found in the public interest; the committee passed the bill by voice vote after questions about cost caps and equity.
Senate Bill 136, presented by Senator Irvin, would clarify the state's least-cost gas purchasing statute to allow the Arkansas Public Service Commission (PSC) to approve cost recovery for reasonable purchases of natural gas alternatives, including renewable natural gas and hydrogen, if the PSC determines the purchase to be in the public interest.
Ted Thomas, identified in the hearing as chairman of the Arkansas Public Service Commission, told the committee that the measure addresses two…
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