COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1791-09
Bill No.: Perfected SS for SCS for SB 555
Subject: Public Service Commission; Utilities; Energy
Type: Original
Date: April 17, 2003
FISCAL SUMMARY
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on General Revenue Fund |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on Other State Funds |
$0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials from the Department of Economic Development, Office of Public Counsel assume this proposal would not fiscally impact their agency.
Officials from the Department of Economic Development, Public Service Commission (PSC) state a defined aluminum smelting facility would have the ability to purchase power from any provider and the transactions under these contracts would not be subject to the jurisdiction of the PSC regarding determination of rates. PSC assumes this proposal would not fiscally impact their agency.
| FISCAL IMPACT - State Government | FY 2004 | FY 2005 | FY 2006 |
| $0 | $0 | $0 | |
| FISCAL IMPACT - Local Government | FY 2004 | FY 2005 | FY 2006 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This proposal allows certain aluminum smelters that use over three million megawatt hours per year to enter contracts to purchase energy. Such agreements shall not be subject to Public Service Commission oversight relative to the rates agreed upon.
This proposal allows municipalities having the authority to maintain and operate an electric light and power plant, to procure electric current and ancillary services from any other lawful supplier without further regulatory or public approval. Currently, the municipality may only procure electric current from any other city, owning and operating such power plant.
This proposal contains an emergency clause.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Department of Economic Development
Public Service Commission
Office of Public Counsel
Mickey Wilson, CPA
Director
April 17, 2003