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Bill > SB510


OR SB510

Relating to utility rate impacts.


summary

Introduced
01/13/2025
In Committee
01/17/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: Makes the PUC do a study on the rate impacts from the required reduction of greenhouse gas emissions and submit a report. (Flesch Readability Score: 61.4). Requires the Public Utility Commission to study the rate impacts associated with implementing the reduction of greenhouse gas emissions required by House Bill 2021 (2021). Directs the commis- sion to submit its findings to the interim committees of the Legislative Assembly related to energy no later than September 15, 2026.

AI Summary

This bill requires the Public Utility Commission (PUC) to conduct a comprehensive study examining the potential rate impacts resulting from greenhouse gas emission reductions mandated by House Bill 2021 from the 2021 legislative session. Specifically, the bill directs the PUC to analyze how implementing the emissions reduction requirements might affect utility rates for consumers. The commission is required to prepare a detailed report, which may include legislative recommendations, and submit it to the legislative committees focused on energy by September 15, 2026. The bill includes a sunset provision that automatically repeals the study requirement on January 2, 2027, ensuring the analysis is time-limited. House Bill 2021 (2021) originally established greenhouse gas emission reduction targets for Oregon's electricity sector, and this bill seeks to understand the potential economic implications of those emissions reduction strategies by assessing their potential impact on utility rates.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Referred to Energy and Environment. (on 01/17/2025)

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