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House Bill 1824


House Bill 1824

ARCHIVE (2007)

Latest Information

 

DIGEST OF HB1824 (Updated April 11, 2007 4:13 pm - DI 84)


Various electric utility matters. Amends the definition of "clean coal technology" in various statutes. Defines the term as a technology used at an electric or a steam generating facility to reduce or avoid airborne emissions of: (1) carbon, sulfur, mercury, or nitrogen based pollutants; or (2) particulate matter; that are regulated, or reasonably anticipated by the utility regulatory commission (IURC) to be regulated, by the federal government, the state, or a political subdivision of the state. (The current definition includes only technologies that reduce sulfur or nitrogen emissions.) Allows an existing electric or steam generating facility to petition the IURC for approval of a regulated air emissions project. Requires the IURC to: (1) approve the project if the IURC finds, after notice and hearing, the project to be reasonable and necessary; and (2) provide certain financial incentives for the project. Requires the IURC to provide certain financial incentives to electricity suppliers for implementing electric line facilities projects. Provides financial incentives for an electric utility's implementation of conservation and load management programs. Requires the IURC to: (1) create specified financial incentives for investments in conservation and load management programs; and (2) review applications by electric utilities for the incentives created. Requires an electric utility that receives incentives for a conservation and load management program to notify the IURC not later than 120 days before using, either directly or indirectly through an affiliate or an unaffiliated third party, any: (1) infrastructure; (2) equipment; or (3) other facilities; for which the incentives are received, to provide broadband over power lines (BPL) or other communications service. Provides that: (1) the incentives terminate at such time as the infrastructure, equipment, or other facilities are used to provide BPL or other communications service; and (2) the electric utility must refund to its Indiana electric customers all incentives received. Requires an electricity supplier (other than a rural electric membership cooperative or a municipally owned utility) to supply a certain percentage of its total electricity supply from renewable energy resources each calendar year, as follows: (1) At least 1% not later than December 31, 2010. (2) At least 2.5% not later than December 31, 2012. (3) At least 4% not later than December 31, 2016. Allows an electricity supplier to own or purchase renewable energy credits to meet the required percentage. Establishes the renewable energy resources fund. Requires an electricity supplier that fails to supply electricity from renewable energy resources in the required percentage to pay a penalty. Deposits the penalties in the fund. Requires the IURC, upon the request of the county executives of three or more counties that are located in an electric utility's service area, to study the feasibility of establishing a regional public power authority to: (1) acquire the assets of an electric utility providing retail electric service on April 1, 2007, in specified counties in Indiana; (2) own and operate the assets acquired; and (3) act as a nonprofit utility to provide retail electric service to customers within the participating units. Requires the commission to report its findings not later than December 31, 2007, to: (1) the regulatory flexibility committee; (2) the legislative council; and (3) the county executive of each county in the electric utility's service area on April 1, 2007. Authorizes the regulatory flexibility committee to recommend any legislation necessary to establish a regional public power authority in Indiana.
Current Status:
 In Conference Committee
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