AR SB136

Amends Arkansas Code § 23-15-103 to require gas lines or companies operating in Arkansas that provide domestic or general service to purchase gas from the lowest or most advantageous market.

Gas lines or companies that fail to comply must forfeit the difference in price between the market price and the price at which they actually made their purchase.

Directs the Arkansas Public Service Commission to consider multiple factors when determining the lowest or most advantageous market, including price, production methodology, supply reliability, customer choice impact, and transportation or storage conditions.

Allows the commission to permit gas lines or companies to make reasonable purchases of natural gas alternatives, including renewable natural gas and hydrogen, as operating expenses if such purchases serve the public interest.

Bill was approved on March 1, 2021.