HB1626

Allows electrical corporations to charge for services based on the costs of certain construction work in progress.

This bill allows electrical corporations to charge for services based on the costs of certain construction work in progress. It defines "construction work in progress" as the electrical corporation's share of all capital costs associated with a clean baseload generating plant or renewable source generating facility that have been incurred but have not been included in the electrical corporation's plant in service. The bill also allows the inclusion of construction work in progress for any new clean baseload generating plant in rate base.