The bill amends K.S.A. 2024 Supp. 66-101j to allow electric public utilities in Kansas to offer 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 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 eligibility requirements based on peak demand and load factors, with specific conditions for discounts applicable to different types of facilities.

Additionally, the bill establishes a timeline for the eligibility of discounts, stating that new facilities will not qualify if they have a projected peak demand of megawatts or more and a workforce of fewer than 200 employees. The discounts are structured to last for up to five or ten years, depending on the facility's qualifications, and the average discount percentages are capped at certain levels. The bill also mandates that the commission provide biennial reports to the legislature on the impact of these discounts, including employment changes and economic development outcomes. Furthermore, it repeals the previous version of K.S.A. 2024 Supp. 66-101j, ensuring that the new provisions take effect upon publication.

Statutes affected:
As Introduced: 66-101j
As introduced: 66-101j