SCS/SB 1396 - The act repeals certain provisions and creates new provisions relating to discounts by electrical corporations. The act repeals a provision relating to discount percentages and provides that when a new load is less than 75 megawatts, the discount percentage shall equal 35% and shall apply for five years, as described in the act.
The act repeals a provision relating to the variable cost to serve new load for purposes of a discount.
An applicant shall not be eligible for a discount for any new or expanded facility that is determined by an electrical corporation to be a nonqualifying facility, as defined in the act.
The act repeals a provision relating to the cents-per-kilowatt-hour realization and a provision relating to an application for a discounted rate.
The act is identical to HB 2248 (2026).
JULIA SHEVELEVA