Both bills relate to public utilities and are sponsored by the same committee, addressing different aspects of utility regulation but interacting in their regulatory framework.
SF0021
Electric Supply Cost Sharing for Public Utilities
In one sentence
This law sets rules for how public utilities and their customers share costs when there are changes in electric supply prices between rate reviews, specifically if these changes are under the utility's control.
What it does
- Requires the Public Service Commission to approve cost-tracking methods that help utilities recover changes in certain electric supply costs between rate cases.
- Specifies that these tracking methods must include a way to share costs between the utility and its customers when those costs are under some control of the utility.
Who it affects
- Public utilities
- Customers of public utilities
Limits and unknowns
- The law only applies when the Public Service Commission approves specific cost-tracking methods.
- It does not specify how costs are shared, leaving that detail to be decided by the commission or utility.
- The exact impact on customers and utilities depends on future decisions about how these mechanisms work.
Plain language
Terms to know
- cost-tracking mechanism
- A system used by a utility to track and recover changes in costs over time, specifically for electric supply costs.
Official record
Sources
Official summary
Bill Summary - 24LSO-0274 Bill No.: SF0021 Effective: 7/1/2024 LSO No.: 24LSO-0274 Enrolled Act No.: SEA No. 0006 Chapter No.: 16 Prime Sponsor: Joint Corporations, Elections & Political Subdivisions Interim Committee Catch Title: Public utilities-net power cost sharing ratio. Has Report: No Subject: Public utilities–net power cost sharing ratio. Summary/Major Elements: This bill specifies that if the Public Service Commission approves any form of cost tracking mechanism for a public utility to recover changes in certain electric supply costs between rate cases, the mechanism shall provide for a sharing of those costs between the public utility and its customers. The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.
Public statements
Why lawmakers voted
Last checked Aug 6, 4:23 AM
Wyoming roll calls
Recorded votes
5 roll calls
H 3rd Reading:Passed 59-3-0-0-02024-02-29 · House59 yes 3 no
- Yes
- 59
- No
- 3
- Absent
- 0
- Excused
- 0
- Conflict
- 0
Yes 59
H07 - Corporations:Recommend Amend and Do Pass 9-0-0-0-02024-02-26 · House9 yes 0 no
S 3rd Reading:Passed 31-0-0-0-02024-02-16 · Senate31 yes 0 no
- Yes
- 31
- No
- 0
- Absent
- 0
- Excused
- 0
- Conflict
- 0
Yes 31
S07 - Corporations:Recommend Amend and Do Pass 4-1-0-0-02024-02-14 · Senate4 yes 1 no
- Yes
- 4
- No
- 1
- Absent
- 0
- Excused
- 0
- Conflict
- 0
S Introduced and Referred to S07 - Corporations 31-0-0-0-02024-02-12 · Senate31 yes 0 no
- Yes
- 31
- No
- 0
- Absent
- 0
- Excused
- 0
- Conflict
- 0
Yes 31
Read together
Related bills
Official activity
Bill history
- Assigned Chapter Number 16LSO
- Governor Signed SEA No. 0006 Governor
- H Speaker Signed SEA No. 0006House
- S President Signed SEA No. 0006Senate
- Assigned Number SEA No. 0006LSO
- H 3rd Reading:Passed 59-3-0-0-0House
- H 2nd Reading:PassedHouse
- H COW:PassedHouse
- H Placed on General FileHouse
- H07 - Corporations:Recommend Amend and Do Pass 9-0-0-0-0House
- H Introduced and Referred to H07 - CorporationsHouse
- H Received for IntroductionHouse
- S 3rd Reading:Passed 31-0-0-0-0Senate
- S 2nd Reading:PassedSenate
- S COW:PassedSenate
- S Placed on General FileSenate
- S07 - Corporations:Recommend Amend and Do Pass 4-1-0-0-0Senate
- S Introduced and Referred to S07 - Corporations 31-0-0-0-0Senate
- S Received for IntroductionSenate
- Bill Number AssignedLSO
Changes
Amendments
2 stored
The amendment changes the spelling of a word in a bill about electric supply costs.
The amendment adds language to specify that electric supply cost sharing between a public utility and its customers applies when costs are under the utility's control.