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Committee narrowly approves bill allowing limited utility ownership of small gas and nuclear generation
Summary
House Bill 1775 was amended and passed by the Finance Division (6-3), allowing utilities limited ownership stakes in small natural-gas and nuclear generation facilities; members debated consumer protections, market impacts, and the repeal of a prior 60% efficiency requirement for fossil generation.
Finance Division I considered and ultimately passed House Bill 1775, which would permit utilities limited ownership in certain natural gas and small-scale nuclear generation facilities. Representative Michael Bose, who spoke for the bill, framed the measure as a way to reintroduce modest ownership capability to encourage new supply where markets are not…
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