The bill amends K.S.A. 2024 Supp. 66-101j to authorize electric public utilities in Kansas to implement economic development rate schedules that provide discounts on electric service rates for new or expanded facilities of industrial or commercial customers. These customers must not be in the business of selling goods or services directly to the general public and must meet specific criteria, including having incentives from economic development agencies, qualifying for non-residential service, and not receiving discounts from other agreements. The bill outlines the conditions under which these discounts can be applied, including requirements for peak demand and load factors, and specifies the duration and percentage of discounts available based on the type of facility.

Additionally, the bill establishes that starting January 1, 2025, certain facilities will not be eligible for discounts if they do not meet specific employment and service criteria. It also mandates that the commission provide biennial reports to the legislature on the impact of these discounts, including employment changes and economic development outcomes. The bill repeals the previous version of K.S.A. 2024 Supp. 66-101j and includes provisions for the commission to authorize continued discounted rates for qualifying facilities until December 31, 2030, with the possibility of extension until December 31, 2036, upon application.

Statutes affected:
As introduced: 66-101j