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The Senate has voted 31-2 in favor of SB 1123, legislation that allows utilities to seek binding advance rate-making decisions from the PUC to cover costs of new power generation or transmission facilities. “This provides a little bit of certainty in this marketplace which is very uncertain,” said Sen. Curt McKenzie, R-Nampa, the bill’s sponsor. Sen. Kate Kelly, D-Boise, spoke out against the bill. “It switches the risk from the utility onto the ratepayers … by locking the rate in before the project even begins construction,” she said. “It’s a guarantee of cost recovery, whether or not the project ever provides useful service to the ratepayers.” But the only other senator to join her in opposing the bill was Sen. Nicole LeFavour, D-Boise. The measure now heads to the House side.
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thomg57 on March 09 at 1:50 p.m.
“binding advance rate-making”???
Are they kidding me? So much for representing the people who elected you.
Which power company lobbyist wrote this piece of legislation?
BluNorthern on March 09 at 5:14 p.m.
Lobbyists run the state of Idaho…” The business of Idaho is business”.
The working people of this state, the ones that are most affected by the low wages and thus hit hardest by our legislatures pandering to corporate greed seem to have no limits to their tolerance for being used as ” Right to Work ” fodder and their embrace of their beloved Republican legislature that has no regard for them, even at election time, since they know they will continue to vote them back in no matter what