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 eligibility criteria, including having incentives from economic development agencies and qualifying for non-residential rate schedules. The bill outlines the conditions under which 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 with projected peak demands of megawatts or above will not be eligible for discounts if they are expected to employ fewer than 200 full-time workers or do not qualify under specific tariff categories. 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 allows for the continuation of discounted rates for qualifying facilities until December 31, 2030, with the possibility of extension until December 31, 2036, upon application. The existing law is repealed, and the new provisions will take effect upon publication in the statute book.

Statutes affected:
As introduced: 66-101j