Bill Status of HB2426 96th General Assembly
Short Description: UTILITIES-ARES-RECEIVABLES
Rep. Thomas Holbrook
| 1/11/2011||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Electric Service Customer Choice and Rate Relief Law of 1997 in the Public Utilities Act. Provides that an electric utility with more than 100,000 customers in the State shall file a tariff pursuant to specified provisions that provides alternative retail electric suppliers, and electric utilities other than the electric utility in whose service area the retail customers are located, with the option to have the electric utility purchase 2 billing cycles worth of uncollectible receivables for power and energy service provided to residential retail customers and to non-residential retail customers (instead of non-residential retail customers with a non-coincident peak demand of less than 400 kilowatts) upon returning that customer to that electric utility for delivery and energy service after that alternative retail electric supplier, or an electric utility other than the electric utility in whose service area the retail customer is located, has made reasonable collection efforts on that account. Makes a technical correction. Effective immediately.