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House Committee Advances Substitute for HB 2435 to Expand Gas Surcharge; Opponents Warn of Higher Bills
Summary
The Kansas House Committee on Energy, Utilities and Telecommunications voted to untable and pass out a second substitute for HB 2435 that would expand the Gas System Reliability Surcharge (GSRS) to include growth-related capital and raise the residential cap to $1.35; proponents said it reduces regulatory lag while opponents warned it shifts speculative risk and will raise bills between rate cases.
The House Committee on Energy, Utilities and Telecommunications voted Wednesday to take House Bill 2435 off the table, adopt an amendment and pass out a second proposed substitute that would expand the state’s Gas System Reliability Surcharge to include growth-related capital and raise the residential monthly cap from $0.80 to $1.35.
The substitute, as explained by the committee reviser, shortens the Kansas Corporation Commission’s review window for GSRS applications from 120 days to 90 days, allows one GSRS filing per calendar year, removes an automatic inflation adjustment from the proposal, and excludes allocated corporate costs from eligible growth-related capital. The committee adopted an amendment and approved the substitute by voice vote.
Proponents said the measure reduces regulatory lag for utility investments and helps…
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