SB 5333-S - DIGEST
(DIGEST OF PROPOSED 1ST SUBSTITUTE)
Authorizes low-income rate discounts by gas and electric
companies.
Declares an intent to clarify the authority of the utilities and transportation commission to approve such reduced rates and charges for low-income customers of electrical and gas companies. It is not the legislature's intent that the commission allow substantial cost shifts to other ratepayers as a result of such discounts.
Provides that, upon request by an electrical or gas company, the commission may approve rates, charges, services, and/or physical facilities at a discount for low-income senior customers and low-income customers. Expenses and lost revenues as a result of these discounts shall be included in the company's cost of service and recovered in rates to other customers.