HB1315: Public Service Commission - Electricity Generation Facilities - Premature Retirement (Keep the Lights On Act)

Legislative Summary

Requiring the Public Service Commission to consider certain factors before authorizing or approving any agreement related to the premature retirement of an electricity generation facility; establishing a rebuttable presumption that an electricity generation facility should not be prematurely retired; and prohibiting the Commission from authorizing or approving an agreement related to the premature retirement of an electricity generation facility under certain circumstances.