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KY SJR134
Joint Resolution
Status
3/2/2026
Primary Sponsor
Phillip Wheeler
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AI Summary
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Public Service Commission must review the fuel adjustment clause (FAC) administrative regulation by May 15, 2026, with the goal of reducing month-to-month volatility of FAC surcharges on customer utility bills.
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Amended FAC administrative regulation must be promulgated by August 15, 2026, after a public comment period for affected utilities and ratepayers.
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Commission must submit a report to the Legislative Research Commission by December 15, 2026, explaining the regulatory changes and expected impact on surcharge volatility.
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Declared an emergency due to rising electricity costs from fuel feedstocks (particularly natural gas) and expected summer energy supply constraints that threaten service disconnections.
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Takes effect immediately upon passage and approval by the Governor.
Legislative Description
A JOINT RESOLUTION regarding utility fuel adjustment clauses under the jurisdiction of the Public Service Commission and declaring an emergency.
Effective Dates, Emergency
Last Action
3rd reading, adopted 36-0
3/13/2026