Relating to: securitization of retiring power plants. (FE)

This bill amends Wisconsin statutes to clarify how retiring power plants fueled by nonrenewable energy sources are classified for environmental control cost calculations. It explicitly includes the unrecovered value of retired property and associated demolition costs when utilities determine financial obligations for environmental compliance. The changes apply to energy utilities managing facilities that use nonrenewable combustible energy resources and aim to ensure these costs are properly accounted for in regulatory asset valuations. The legislation does not mandate retirement of any plants but adjusts how existing financial reporting rules treat decommissioning expenses.