Relating To Energy. [SB-897]
Allows electric cooperatives to recover wildfire mitigation, repair, and restoration costs through an automatic rate adjustment or other mechanism. Requires the Public Utilities Commission to initiate a proceeding for the adoption of rules, subject to the Governor's approval, to determine an aggregate limit for liability for economic damages from a covered catastrophic wildfire. Authorizes securitization of certain costs for electric utilities. Requires the Public Utilities Commission to conduct studies on whether the framework established in the (continued...)

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Sponsored by: Sen. Dru Kanuha Received Notice Of Passage On Final Reading In House (hse. Com. No. 821). on 05/02/2025