Washington SB5401 mandates electric utilities to phase out coal-fired resources by 2025 and accelerate depreciation schedules for coal-fired.

Washington SB5401 amends the Washington Clean Energy Transformation Act to require electric utilities to eliminate coal-fired resources from their electricity allocation by December 31, 2025. The bill also mandates the Washington Utilities and Transportation Commission to accelerate depreciation schedules for coal-fired utilities. The commission is allowed to accelerate depreciation schedules for any coal-fired utility when it finds that the utility is no longer used and useful and there is no reasonable likelihood that the utility will be utilized in the future.

Washington SB5401 mandates electric utilities to phase out coal-fired resources by 2025 and accelerate depreciation schedules for coal-fired.

Washington SB5401 amends the Washington Clean Energy Transformation Act to require electric utilities to eliminate coal-fired resources from their electricity allocation by December 31, 2025. The bill also mandates the Washington Utilities and Transportation Commission to accelerate depreciation schedules for coal-fired utilities. The commission is allowed to accelerate depreciation schedules for any coal-fired utility when it finds that the utility is no longer used and useful and there is no reasonable likelihood that the utility will be utilized in the future.