WI AB1151

Expands the definition of "environmental control activities" to include retiring any existing electric generating facility fueled by nonrenewable combustible energy resources (such as coal or natural gas plants)

Allows energy utilities to apply to the Public Service Commission to finance the costs of retiring fossil fuel power plants through environmental trust bonds

Environmental trust bonds are secured by customer charges and allow utilities to recover retirement costs including the unrecovered value of the retired property and demolition costs exceeding salvage value

Amends Wisconsin Statutes section 196.027 to add this new category of eligible activities for bond financing