22RS HB 778

Actions

Last Action	03/01/22: to Committee on Committees (H)
Title	AN ACT relating to public utilities.
Bill Documents	Introduced
Bill Request Number	2163
Sponsor	J. Bray
Summary of Original Version	Amend KRS 278.220 to allow an electric utility to amortize a regulatory asset without approval from the commission to defer recovery of expenses for coal, natural gas, or replacement power if the deferral lowers customer bills; require the amortization of the expense to be no more than 12 months from the date the regulatory asset is established; require the electric utility to inform the commission when a regulatory asset is established and provide the reason for its creation and accounting for the asset; allow overages or under-recovery to be placed on customer bills through refund or additional charge at the time of the electric utility's next rate case or 2-year review of the fuel adjustment clause.
Index Headings of Original Version	Energy - Regulatory assets, deferred recovery, fuel adjustment charge Fuel - Regulatory assets, deferred recovery, fuel adjustment charge Public Utilities - Regulatory assets, deferred recovery, fuel adjustment charge Surface Mining - Regulatory assets, deferred recovery, fuel adjustment charge Coal - Regulatory assets, deferred recovery, fuel adjustment charge