The bill amends K.S.A. 2024 Supp. 66-101j to establish economic development electric rate discounts for new or expanded facilities of industrial or commercial customers that do not sell goods or services directly to the public. To qualify for these discounts, customers must receive incentives from economic development agencies, meet specific service qualifications, and not combine the discount with other special contract agreements. The bill outlines criteria for peak demand and load factors that must be met for the discounts to apply, as well as the duration and percentage of the discounts based on the type of facility.

Additionally, the bill introduces a requirement that, starting July 1, 2025, any discounted electric development rate must cover the incremental and variable costs to serve the customer. It also mandates that the commission provide biennial reports to the legislature on the impact of these discounts, including metrics such as the number of entities receiving discounts and their economic development impact. The existing section of K.S.A. 2024 Supp. 66-101j is repealed, and the new provisions will take effect upon publication in the statute book.

Statutes affected:
As introduced: 66-101j