(1) (a) The commission shall open a nonadjudicatory proceeding to conduct a survey of electric public utility retail rates and specifically consider recommendations that would result in rate relief in certificated electric utility territories with retail rates materially greater than the state average. The commission shall determine the minimum percentage by which a retail rate that exceeds the state average rate qualifies as a materially greater rate.
(b) As used in this section, "public utility" does not include a cooperative electric association, as defined in section 40-9.5-102.
On or before February 1, 2021, the commission shall file a report with the houseenergy and environment committee and the senate transportation and energy committee, or their successor committees, describing the scope of analysis conducted, potential solutions considered, and any recommendations that could provide rate relief to ratepayers.
This section is repealed, effective September 1, 2021.
Source: L. 2019: Entire section added, (SB 19-236), ch. 359, p. 3306, § 11, effective May 30.