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KS HB2032
Bill
Status
Introduced
1/17/2025
Primary Sponsor
Energy, Utilities and Telecommunications
Click for details
AI Summary
- Kansas State Corporation Commission may increase an electric utility's return on equity by up to 0.5% if the utility's all-in average retail rate increased by 1% or less in the preceding calendar year
- Commission may decrease a utility's return on equity by up to 0.5% if the all-in average retail rate increased more than 1% in the preceding calendar year
- Any return on equity adjustment (increase or decrease) remains valid for 12 months following the commission's order
- "All-in average retail rate" is defined as the total cost per kilowatt-hour paid by retail customers, including all charges, fees, taxes, surcharges, and customer charges
- Commission is required to amend retail rates to reflect any ordered changes to return on equity
Legislative Description
Authorizing the state corporation commission to increase or decrease an electric public utility's return on equity based on whether such utility's all-in average retail rate has increased or decreased.
Last Action
House Hearing: Tuesday, February 4, 2025, 9:00 AM Room 582-N
2/4/2025
Committee Referrals
Energy, Utilities and Telecommunications1/22/2025
Elections1/17/2025
Full Bill Text
No bill text available