Electricity rates for costs that do not benefit Wyoming.

Plain English Breakdown

The official bill text does not provide specific details on how the Public Service Commission will determine which costs do not benefit Wyoming ratepayers or what happens to excluded costs.

Electricity Rates for Costs Not Benefitting Wyoming

This law requires the Public Service Commission to exclude costs from electricity rates if those costs do not benefit ratepayers in Wyoming.

What This Bill Does

• Specifies that when determining electricity rates, the Public Service Commission shall exclude any system costs that do not have a benefit to ratepayers in Wyoming.

Who It Names or Affects

• Electricity customers in Wyoming
• Public Service Commission

Terms To Know

Ratepayers

People who pay for electricity services.

Interstate electric public utilities

Electricity companies that serve customers in more than one state.

Limits and Unknowns

• The law does not specify how the Public Service Commission will decide which costs do not benefit Wyoming ratepayers.
• It is unclear what happens to excluded costs and who pays for them instead of Wyoming ratepayers.

Official Summary Text

Bill Summary - 24LSO-0232

Bill No.:

SF0020

Effective:

Immediately

LSO No.:

24LSO-0232

Enrolled Act No.:

SEA No. 0029

Chapter No.:

70

Prime Sponsor:

Joint Corporations, Elections & Political Subdivisions Interim Committee

Catch Title:

Electricity rates for costs that do not benefit Wyoming.

Has Report:

No

Subject:

Electricity rates for costs that do not benefit Wyoming.

Summary/Major Elements:

This bill specifies that, when determining electricity rates, the Public Service Commission shall exclude any system costs that do not have a benefit to ratepayers in Wyoming.

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.

Current Bill Text

24LSO-0232

ORIGINAL Senate

ENGROSSED
File No
.
SF0020

ENROLLED ACT NO. 29,

SENATE

SIXTY-SEVENTH LEGISLATURE OF THE STATE OF WYOMING
2024 Budget Session

AN ACT relating to public utilities; specifying that costs of interstate electric public utilities that do not benefit Wyoming ratepayers shall be excluded from costs apportioned to Wyoming; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

W.S. 37
‑
3
‑
119 is created to read:

37
‑
3
‑
119.

Apportionment of costs to Wyoming ratepayers.

In determining just and reasonable rates under this chapter for an interstate electric public utility where a portion of system costs are apportioned to Wyoming ratepayers, the public service commission shall exclude any system costs from rate determinations that do not have a benefit to ratepayers in Wyoming. Costs that may be excluded include the proportional costs associated with facilities that are built or operated primarily for the benefit of other states or entities outside of Wyoming. The public service commission may approve a reduced apportionment of costs to Wyoming ratepayers to the extent that system costs are used to serve Wyoming ratepayers but which relate to facilities that were built at a higher cost than potential alternative sources of electricity, as determined by the commission, because those alternative sources of electricity may not have met electricity service requirements established by other states or entities outside of Wyoming.

Section 2
.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution
.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the Senate.

Chief Clerk

1