LRB-1952/P2
MDK:amn
2019 - 2020 LEGISLATURE
DOA:......Sherwin, BB0332 - Focus on energy spending
For 2019-2021 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
State government
Public utility regulation
1. Focus on energy spending
This bill allows the PSC to require investor-owned electric and natural gas public utilities to spend more than 1.2 percent of their annual operating revenues on certain energy efficiency, conservation, and renewable resource programs, which are commonly referred to as Focus on Energy programs. Current law limits the PSC's authority by capping the required spending at 1.2 percent of the revenues on those programs. The bill requires the PSC to submit to JCF a proposal for requiring the spending of a greater percentage on the programs. If the cochairpersons of JCF do not notify the PSC within ten working days after submission of such a proposal that JCF has scheduled a meeting to review the proposal, the PSC may require that the utilities spend the greater percentage. If the cochairpersons of JCF do notify the PSC within ten working days after submission of such a proposal that JCF has scheduled a meeting to review the proposal, and JCF either approves or does not object to the proposal within 90 days of providing the notification to the PSC, the PSC may require that the utilities spend the greater percentage. However, if JCF objects to the proposal within the 90-day period, the PSC may not require that the utilities spend the greater percentage.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section
1. 196.374 (3) (b) 2. of the statutes is amended to read:
196.374 (3) (b) 2. The commission shall require each energy utility to spend 1.2 percent of its annual operating revenues derived from retail sales to fund the utility's programs under sub. (2) (b) 1., the utility's ordered programs, the utility's share of the statewide energy efficiency and renewable resource programs under sub. (2) (a) 1., and the utility's share, as determined by the commission under subd. 4., of the costs incurred by the commission in administering this section.
Subject to subd. 3., the commission may require each energy utility to spend more than 1.2 percent of its annual operating revenues to fund these programs and costs.
Section
2. 196.374 (3) (b) 3. of the statutes is created to read:
196.374 (3) (b) 3. The commission shall submit to the joint committee on finance any proposal to require each energy utility to spend more than 1.2 percent of its annual operating revenues to fund the programs specified in subd. 2. If the cochairpersons of the committee do not notify the commission within 10 working days after the commission submits such a proposal that the committee has scheduled a meeting to review the proposal, the commission may require each energy utility to spend the percentage specified in the proposal. If, within 10 working days after the commission submits a proposal, the cochairpersons of the committee notify the commission that the committee has scheduled a meeting to review the proposal, and, within 90 days of providing the notice, the committee either approves or does not object to the proposal, the commission may require each energy utility to spend the percentage specified in the proposal. If, within 90 days after providing the notice, the committee objects to the proposal, the commission may not require each energy utility to spend the percentage specified in the proposal.
(End)
