SB475,21,2120 2. Each party whose failure to respond in writing constitutes a nonobjection to
21the settlement agreement under sub. (6).
SB475,21,2322 (b) The commission finds that the public interest is adequately represented by
23the parties who entered into the settlement agreement.
SB475,22,224 (c) The commission finds that the settlement agreement represents a fair and
25reasonable resolution to the docket, is supported by substantial evidence on the

1record as a whole, and complies with applicable law, including that any rates
2resulting from the settlement agreement are just and reasonable.
SB475,22,6 3(8) The commission may approve a settlement agreement under sub. (4) in
4whole or in part and with conditions deemed necessary by the commission. If the
5settlement agreement does not resolve all of the issues in the docket, the commission
6shall decide the remaining issues in accordance with applicable law and procedure.
SB475,39 7Section 39. 196.192 (2) (am) of the statutes, as affected by 2017 Wisconsin Act
858
, is repealed.
SB475,40 9Section 40. 196.192 (2) (bm) of the statutes, as affected by 2017 Wisconsin Act
1058
, is renumbered 196.192 (2) (bm) (intro.) and amended to read:
SB475,22,1411 196.192 (2) (bm) (intro.) The Except as provided in par. (br), the commission
12shall approve market-based rates that are consistent with the options specified in
13par. (am), except that the
for each investor-owned electric public utility that satisfy
14all of the following:
SB475,22,17 15(br) The commission may not approve a market-based rate under par. (bm)
16unless the commission determines that the rate will not harm shareholders of the
17investor-owned electric public utility or customers who are not subject to the rate.
SB475,41 18Section 41. 196.192 (2) (bm) 1. and 2. of the statutes are created to read:
SB475,22,2119 196.192 (2) (bm) 1. The rates result in customers receiving market-based
20compensation for voluntary interruptions of firm load during peak periods of electric
21use.
SB475,22,2522 2. The rates include market-based pricing options and options for individual
23contracts that allow a retail customer, through service from its existing public utility,
24to receive market benefits and take market risks for the customer's purchases of
25capacity or energy.
SB475,42
1Section 42. 196.192 (2) (c) of the statutes, as affected by 2017 Wisconsin Act
258
, is amended to read:
SB475,23,63 196.192 (2) (c) Subject to any approval of the commission that is necessary, an
4electric public utility that is not an investor-owned electric public utility may
5implement market-based rates approved under par. (bm) or implement the options
6in filings under par. (am) that are approved by the commission
.
SB475,43 7Section 43. 196.192 (3m) of the statutes, as affected by 2017 Wisconsin Act 58,
8is amended to read:
SB475,23,119 196.192 (3m) Nothing in s. 196.20, 196.22, 196.37, 196.60 or 196.604 prohibits
10the commission from approving a filing under sub. (2) (am) or (2m) (a) or approving
11market-based rates under sub. (2) (bm) or (2m) (b).
SB475,44 12Section 44. 196.193 (3) of the statutes is amended to read:
SB475,23,2113 196.193 (3) Determination of an overall rate of return. Not later than
14March 1 annually, the commission shall set the overall rate of return to be applicable
15to municipally owned water public utilities or municipally owned combined water
16and sewer public utilities for rate increases under this section. The overall rate of
17return shall be equal to the simple average, rounded to the nearest tenth of 1 percent,
18of
commission shall consider the interest rates listed for state and local bonds in the
19Federal Reserve Statistical Release H.15 (519) published by the federal reserve
20board, for the last quarter of the prior year, plus 2 percent
setting the overall rate of
21return
. The overall rate of return need not be defined by rule.
SB475,45 22Section 45. 196.49 (5g) (ag) of the statutes is amended to read:
SB475,24,223 196.49 (5g) (ag) In this subsection, “rebuild" means the replacement of all or
24part of an existing electric transmission line and associated facilities to increase the

1line's capacity to carry current at the same voltage
, including conductors, insulators,
2transformers, or structures, for operation at the same voltage.
SB475,46 3Section 46. 196.49 (5g) (ar) 2m. b. of the statutes is amended to read:
SB475,24,84 196.49 (5g) (ar) 2m. b. The Not more than one-half mile of the centerline of the
5rebuilt electric transmission line is located within more than 60 feet on either side
6of the centerline of an existing electric transmission line operating at a nominal
7voltage of 69 kilovolts or more. In this subd. 2m. b., “centerline" has the meaning
8given in s. 196.491 (4) (c) 1e.
SB475,47 9Section 47. 196.49 (5g) (ar) 2m. c. of the statutes is amended to read:
SB475,24,1310 196.49 (5g) (ar) 2m. c. The project requires the acquisition in total of one-half
11mile or less of rights-of-way from landowners from which rights-of-way were would
12not be required to be acquired for the existing electric transmission line specified in
13subd. 2m. b.
SB475,48 14Section 48. 196.491 (4) (c) 1m. (intro.) of the statutes is amended to read:
SB475,24,2115 196.491 (4) (c) 1m. (intro.) Except as provided in subd. 1s., a certificate under
16sub. (3) is not required for a person to construct a high-voltage transmission line
17designed for operation at a nominal voltage of less than 345 kilovolts if not more than
18one-half mile of
the centerline of the new high-voltage transmission line is located
19within more than 60 feet on either side of the centerline of an existing electric
20transmission line operating at a nominal voltage of 69 kilovolts or more and the
21applicant demonstrates
all of the following apply:
SB475,49 22Section 49. 196.491 (4) (c) 1m. a. of the statutes is amended to read:
SB475,24,2423 196.491 (4) (c) 1m. a. That the The project will not have undue adverse
24environmental impacts.
SB475,50 25Section 50. 196.491 (4) (c) 1m. b. of the statutes is amended to read:
SB475,25,4
1196.491 (4) (c) 1m. b. That the The new high-voltage transmission line requires
2the acquisition in total of one-half mile or less of rights-of-way from landowners
3from which rights-of-way were would not be required to be acquired for the existing
4electric transmission line.
SB475,51 5Section 51. 196.595 (1) (c) of the statutes is amended to read:
SB475,25,96 196.595 (1) (c) “Public utility" in this section means any public utility, as
7defined in s. 196.01, engaged in the transmission, delivery, or furnishing of natural
8gas by means of pipes or mains, heat, light, water, or power. “Public utility" does not
9include any cooperative association organized under ch. 185.
SB475,52 10Section 52. 201.10 (1) of the statutes is repealed.
SB475,53 11Section 53. 201.10 (2) of the statutes is amended to read:
SB475,25,1612 201.10 (2) The fee provisions of sub. (1) shall not apply, but the provisions of
13sub. (3) shall apply, to the issuance, renewal or assumption by a public service
14corporation which is a public utility as defined in the federal power act, of evidences
15of indebtedness maturing not more than one year after the date of issue, renewal or
16assumption thereof.
SB475,54 17Section 54. 348.17 (3) of the statutes is amended to read:
SB475,26,518 348.17 (3) During an energy emergency, after consultation with the
19department of administration public service commission, the department may waive
20the divisible load limitation of s. 348.25 (4) and authorize for a period not to exceed
2130 days the operation of overweight vehicles having a registered gross weight of
2250,000 pounds or more and carrying energy resources or fuel or milk commodities
23designated by the governor or a designee, regardless of the highways involved, to
24conserve energy. Such authorization may only allow weights not more than 10
25percent greater than the gross axle and axle combination weight limitations, and not

1more than 15 percent greater than the gross vehicle weight limitations under ss.
2348.15 and 348.16. Nothing in this subsection shall be construed to permit the
3department to waive the requirements of ss. 348.05 to 348.07. This subsection does
4not apply to vehicles on highways designated as parts of the national system of
5interstate and defense highways, except for the I 39 corridor and the I 41 corridor.
SB475,55 6Section 55. 348.17 (4) of the statutes is amended to read:
SB475,26,157 348.17 (4) During an energy emergency, after consultation with the
8department of administration public service commission, the department may
9authorize motor vehicles that have a gross weight of 26,000 pounds or less and that
10are transporting propane or heating oil for delivery to residences, businesses, or
11other end users to exceed any special weight limitation imposed under ss. 348.17 (1)
12and 349.16 (1) (a) and (2) in connection with the thawing of frozen highways. Any
13person operating a motor vehicle as authorized under this subsection shall, to the
14extent practicable, deliver propane or heating oil at times of the day when the
15highways used are the least vulnerable.
SB475,56 16Section 56. Initial applicability.
SB475,26,1917 (1) Settlements. The treatment of section 196.026 of the statutes first applies
18to dockets, as defined in section 196.026 (2) of the statutes, that are first opened on
19the effective date of this subsection.
SB475,26,2020 (End)
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