Creates provisions relating to integrated resource planning for electrical corporations
What changed between versions
The committee version adds a repeal of section 393.135 and replaces it with three new sections covering rate base calculations, capacity planning, and integrated resource planning.
The original version had specific deadlines for integrated resource planning (August 28, 2026), while the committee version maintains similar deadlines but adds an expiration date for construction work in progress provisions (December 31, 2035).
New requirements were added for electrical corporations to submit annual documentation regarding their capacity plans for upcoming and future planning years.
The committee version adds enforcement mechanisms allowing the commission to disallow costs if an electrical corporation fails to maintain sufficient capacity due to imprudence.
New definitions were added for 'appropriate regional transmission organization or independent system operator' and 'sufficient capacity' to clarify planning requirements.