Senate Bill 0201
DIGEST OF SB201 (Updated February 19, 2009 6:01 pm - DI 84)
State energy policy. Allows a public utility that proposes to take, acquire, condemn, or appropriate land, real estate, or any interest in land or real estate for certain projects related to electric line facilities to obtain from the utility regulatory commission (URC) a certificate of authority. Requires the URC to hold a public hearing and to find that the public utility has demonstrated certain elements, and to encourage investment in electric line facilities by creating financial incentives that the URC finds to be reasonable and necessary. Modifies common law to provide that the owner of land against which eminent domain is initiated may object to the public purpose and necessity of the project only if the condemnor has not been issued a certificate of authority. Requires the URC to allow the recovery of reasonable and necessary costs incurred by an energy utility in connection with a green infrastructure project that provides electric, steam, or gas service to or receives electric, steam, or gas service from an alternate energy production facility. Provides that an energy utility may implement a rate adjustment if the URC fails to act on an application.
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