MEETING CANCELED: Indiana Senate Panel to hear SB 512 to create annual utility rate reviews on 1/27/11

Posted by Laura Arnold  /   January 24, 2011  /   Posted in 2011 Indiana General Assembly, Uncategorized  /   No Comments

UPDATE *** MEETING  CANCELED*** Posting time 1/26/11 @ 10 am

Posted @ Monday, January 24, 2011 16:29 55 by Indiana State Senate

Agenda for : Senate Utilities & Technology Committee

Thursday, January 27, 2011

10:00 AM EST

Room 233, State House, Indianapolis, IN

Chairman: Merritt

Members:

Leising R.M., Gard, Kruse, Schneider, Tomes, Yoder

Randolph R.M.M., Breaux, R. Young

For more information on members of the committee visit: http://indianadg.wordpress.com/indiana-general-assembly/

Hearing :

 SB 0512 Annual utility rate reviews. (Merritt)

Digest of Introduced Bill:  Annual utility rate reviews. Authorizes certain utilities to elect to have an annual rate review. Establishes the timing and form of the election. Requires a utility that elects to have annual rate review to submit an annual forecast report and an annual reconciliation report. Specifies the contents of the reports. Provides that an interested party may request an evidentiary hearing before the utility regulatory commission approves an election or an annual reconciliation report. Provides that certain rate adjustment mechanisms may be suspended during the period in which an election is in effect. Makes conforming amendments.

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