2019 Montana Legislature

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SENATE BILL NO. 244

INTRODUCED BY M. BLASDEL

 

AN ACT REVISING PUBLIC UTILITY ELECTRICITY COST RECOVERY; CLARIFYING STANDARDIZED TREATMENT OF PUBLIC UTILITIES SUBJECT TO TITLE 69, CHAPTER 3; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:

 

     Section 1.  Cost tracking and recovery. (1) If the commission approves a cost-tracking adjustment for a public utility regulated in accordance with chapter 8 or under this chapter, the cost-tracking adjustment must provide for:

     (a) identical treatment of public utilities subject to chapter 8 or this chapter;

     (b) 90% customer and 10% shareholder sharing of costs, if cost sharing is required; and

     (c) full recovery of costs incurred by a public utility as a result of qualifying small power production facility purchase requirements established in Title 69, chapter 3, part 6.

     (2) A cost-tracking adjustment may not include a deadband.

     (3) For the purposes of this section, "deadband" means a level of cost recovery variance, including levels of under-recoveries and over-recoveries to be borne by the public utility.

 

     Section 2.  Codification instruction. [Section 1] is intended to be codified as an integral part of Title 69, chapter 3, and the provisions of Title 69, chapter 3, apply to [section 1].

 

     Section 3.  Effective date. [This act] is effective on passage and approval.

- END -

 


Latest Version of SB 244 (SB0244.ENR)
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