Bill > HB2788

This bill requires electric public service corporations in Arizona to submit an integrated resource plan (IRP) to the Arizona Corporation Commission every three years for review and approval. The IRP must include detailed projections of energy demand for the next 15 years, using low, medium, and high growth scenarios, and comprehensively document existing and potential electric generation plants. The plan must analyze capital and operating expenditures, reliability, and potential generation options using the ratepayer impact measure test, which evaluates the lowest overall lifetime revenue requirement and most reliable electric service. The commission must obtain an independent third-party evaluation to verify the corporation's information and provide alternative analyses. The bill stipulates that approved IRPs are not binding on future rate cases but serve as evidence of known conditions during the three-year period between plans. Importantly, the bill prohibits public service corporations from implementing compensation policies that might compromise their ability to provide safe, reliable, and affordable service. The legislation defines key terms like "ratepayer impact measure test" and requires a comprehensive examination of potential electric generation strategies, with specific emphasis on reliability and cost-effectiveness rather than carbon or emissions reduction goals.

Agriculture and Natural Resources

https://apps.azleg.gov/BillStatus/BillOverview/83254