Relating to: prohibiting recovery of a rate of return on retired electric generating facilities; an exemption from certificate requirements for constructing a large electric generating facility; and a permit dashboard for applications for certificates of public convenience and necessity. (FE)

This bill addresses three main areas of electric utility regulation. First, it prevents electric companies from charging customers for the profits they made on power plants that have already been retired. Second, it creates a public online dashboard to track the status of applications for permits needed to build large electric generating facilities. Third, it adds requirements for new large power facilities to show they will use at least 70% of their electricity for manufacturing or mining at the same location, and to agree to pay for connecting to the public power grid. These changes directly affect electric utilities, customers who pay utility rates, and developers seeking to build new power generation projects.