This bill modifies provisions related to energy balancing account cost recovery for electrical corporations.
This bill:
- establishes an energy cost baseline to be set by the Public Service Commission in general rate cases;
- creates a symmetrical sharing band requiring electrical corporations to share with customers 80% of variances between actual costs and the energy cost baseline for costs incurred on or after January 1, 2026; and
- maintains 100% cost recovery for energy balancing account costs incurred before January 1, 2026.

Statutes affected:
Introduced: 54-7-13.5