Bill Status of HB0565 94th General Assembly
Short Description: UTIL-TRANSITION CHG-SCHOOLS
Rep. Daniel V. Beiser
| 1/9/2007||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Public Utilities Act. For public schools, changes the calculation of the "transition charge" by subtracting the greater of the following amounts: (i) 0.5 cents per kilowatt-hour during the period October 1, 1999 through December 31, 2004, 1.25 cents per kilowatt-hour in calendar year 2005, and 1.5 cents per kilowatt-hour in calendar year 2006, multiplied in each year by an identified usage; or (ii) an amount equal to the following percentages of the amount produced by applying the applicable base rates or contract rate to the identified usage: 8% for the period October 1, 1999 through December 31, 2002, 10% in calendar years 2003 and 2004, 15% in calendar year 2005, and 25% in calendar year 2006 (now, the transition charge for public schools is calculated in the same manner as that of all nonresidential retail customers). Effective immediately.