SB 687 Requires electrical corporations to track costs for complying with the Clean Power Plan and itemize such costs on customer bills
Sponsor: Romine
LR Number: 4570S.01I Fiscal Notes
Committee: Commerce, Consumer Protection, Energy and the Environment
Last Action: 1/11/2016 - Second Read and Referred S Commerce, Consumer Protection, Energy and the Environment Committee Journal Page: S97
Title: Calendar Position:
Effective Date: August 28, 2016

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Current Bill Summary

SB 687 - Under this act, electrical corporations are required to implement a tracking mechanism to calculate all costs incurred in order to comply with federal regulations relating to carbon emissions for existing sources. Beginning January 1, 2017, electrical corporations shall include a line-item on each customer bill with the amount due from the customer in order for the electrical corporation to comply with such regulations.

This act is substantially similar to HB 1967 (2016).