SCS/SB 1396 - The act repeals certain provisions and creates new provisions relating to discounts by electrical corporations.
The act repeals a provision relating to discount percentages and provides that when a new load is less than 75 megawatts, the discount percentage shall equal 35% and shall apply for five years, as described in the act.
The act repeals a provision relating to the variable cost to serve new load for purposes of a discount.
An applicant shall not be eligible for a discount for any new or expanded facility that is determined by an electrical corporation to be a nonqualifying facility, as defined in the act.
The act repeals a provision relating to the cents-per-kilowatt-hour realization and a provision relating to an application for a discounted rate.
The act is similar to HCS/HB 2248 (2026).
JULIA SHEVELEVA
SCS/SB 1396 - The act repeals certain provisions and creates new provisions relating to discounts by electrical corporations.
The act repeals a provision relating to discount percentages and provides that when a new load is less than 75 megawatts, the discount percentage shall equal 35% and shall apply for five years, as described in the act.
The act repeals a provision relating to the variable cost to serve new load for purposes of a discount.
An applicant shall not be eligible for a discount for any new or expanded facility that is determined by an electrical corporation to be a nonqualifying facility, as defined in the act.
The act repeals a provision relating to the cents-per-kilowatt-hour realization and a provision relating to an application for a discounted rate.
The act is similar to HCS/HB 2248 (2026).
JULIA SHEVELEVA
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