Loading chat...
AR SB536
Bill
Status
4/11/2023
Primary Sponsor
Missy Irvin
Click for details
AI Summary
-
Delays the start date for electric utility retirement reviews from 2021 to 2024, with reviews continuing once every three years thereafter.
-
Requires the Arkansas Public Service Commission to produce a report discussing the remaining useful lives of existing electric generating units based on integrated resource plans.
-
Mandates the report include a cost-benefit analysis, rate impact analysis, and analysis of impact on electrical grid reliability and resilience.
-
Requires commissioners to explicitly state their findings on whether life extensions of existing electric generating units are in the public interest.
-
Limits report scope to only existing electric generating units with a planned or announced retirement date of less than five years from the report date.
Legislative Description
To Amend The Arkansas Affordable Energy Act; And To Amend The Law Regarding Retirement Review.
Last Action
Notification that SB536 is now Act 718
4/11/2023