Relating to: prohibiting recovery of a rate of return on retired electric generating facilities; an exemption from certificate requirements for constructing a large electric generating facility; and a permit dashboard for applications for certificates of public convenience and necessity. (FE)

This bill makes three main changes to how electric power facilities are regulated and financed. First, it prevents electric utilities from charging customers higher rates to recover profits from power plants that have already been retired. Second, it requires anyone building a large new power facility to agree to pay for all costs of connecting it to the public power grid. Third, it mandates that the state commission create an online dashboard showing the status of permit applications for new power projects, including any other required approvals from federal, state, or local agencies. These rules directly affect electric utilities, power plant developers, and customers who pay electricity bills.