Kentucky HB398 regulates the retirement of electric generating units, requiring utilities to demonstrate cost savings and reliability.

Kentucky HB398 amends the Kentucky Revised Statutes to regulate the retirement of electric generating units. Utilities must apply to the Kentucky Public Service Commission for approval before retiring any unit. The application must include evidence of cost savings to customers and demonstrate that the retirement will not harm ratepayers. The commission has the authority to approve or deny the retirement based on several factors, including the impact on the Commonwealth's generation fuel mix and the need for additional capacity.

Kentucky HB398 regulates the retirement of electric generating units, requiring utilities to demonstrate cost savings and reliability.

Kentucky HB398 amends the Kentucky Revised Statutes to regulate the retirement of electric generating units. Utilities must apply to the Kentucky Public Service Commission for approval before retiring any unit. The application must include evidence of cost savings to customers and demonstrate that the retirement will not harm ratepayers. The commission has the authority to approve or deny the retirement based on several factors, including the impact on the Commonwealth's generation fuel mix and the need for additional capacity.