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Committee approves tracker to recover certain water and wastewater costs, with guardrails
Summary
The Utilities Committee passed SB 241 to allow limited cost recovery for water and wastewater utilities for uncontrollable chemical and power costs through an SEI tracker with annual true-ups and consumer protections; amendments raised thresholds and alternative regulation options for rural utilities.
The Senate Utilities Committee approved SB 241, a targeted change to the system enhancement improvement (SEI) statute that would permit water and wastewater utilities to recover two categories of uncontrollable costs — chemical and power — under a tracking mechanism designed to protect ratepayers. The committee adopted three amendments by consent and passed the bill unanimously.
Bridget O'Connor, director of government affairs and regulatory policy for Citizens Energy Group, told the committee the bill is a balanced approach that helps utilities avoid frequent full…
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