_______________________________________________
SUBSTITUTE
SENATE BILL 5292
_______________________________________________
AS
AMENDED BY THE HOUSE
Passed
Legislature - 2002 Regular Session
State
of Washington 57th Legislature 2001 Regular Session
By
READ
FIRST TIME 02/19/01.
Modifying definitions of public energy projects.
AN
ACT Relating to modifying definitions of public energy projects; and amending
RCW 80.52.030.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec.
1. RCW
80.52.030 and 1995 c 69 s 2 are each amended to read as follows:
The
definitions set forth in this section apply throughout this chapter unless the
context clearly requires otherwise.
(1)
"Public agency" means a public utility district, joint operating
agency, city, county, or any other state governmental agency, entity, or
political subdivision.
(2)
"Major public energy project" means a plant or installation capable,
or intended to be capable, of generating electricity in an amount greater than
((two)) three hundred fifty megawatts, measured using maximum continuous
electric generating capacity, less minimum auxiliary load, at average ambient
temperature and pressure. Where two or more such plants are located within the
same geographic site, each plant shall be considered a major public energy
project. An addition to an existing facility is not deemed to be a major
energy project unless the addition itself is capable, or intended to be
capable, of generating electricity in an amount greater than ((two)) three
hundred fifty megawatts. A project which is under construction on July 1,
1982, shall not be considered a major public energy project unless the official
agency budget or estimate for total construction costs for the project as of
July 1, 1982, is more than two hundred percent of the first official estimate
of total construction costs as specified in the senate energy and utilities
committee WPPSS inquiry report, volume one, January 12, 1981, and unless, as of
July 1, 1982, the projected remaining cost of construction for that project
exceeds two hundred million dollars.
(3)
"Cost of construction" means the total cost of planning and building
a major public energy project and placing it into operation, including, but not
limited to, planning cost, direct construction cost, licensing cost, cost of
fuel inventory for the first year's operation, interest, and all other costs
incurred prior to the first day of full operation, whether or not incurred
prior to July 1, 1982.
(4)
"Cost of acquisition" means the total cost of acquiring a major
public energy project from another party, including, but not limited to,
principal and interest costs.
(5)
"Bond" means a revenue bond, a general obligation bond, or any other
indebtedness issued by a public agency or its assignee.
(6)
"Applicant" means a public agency, or the assignee of a public
agency, requesting the secretary of state to conduct an election pursuant to
this chapter.
(7)
"Cost-effective" means that a project or resource is forecast:
(a)
To be reliable and available within the time it is needed; and
(b)
To meet or reduce the electric power demand of the intended consumers at an
estimated incremental system cost no greater than that of the least-cost
similarly reliable and available alternative project or resource, or any
combination thereof.
(8)
"System cost" means an estimate of all direct costs of a project or
resource over its effective life, including, if applicable, the costs of
distribution to the consumer, and, among other factors, waste disposal costs,
end-of-cycle costs, and fuel costs (including projected increases), and such
quantifiable environmental costs and benefits as are directly attributable to
the project or resource.
