SS SCS SB 555 -- Electricity for Smelting Facilities
This substitute allows certain aluminum smelting facilities to
purchase electrical power on the open market without regulation
by the Public Service Commission. To be eligible, the facility
must be in a county of the second classification, must have used
more than three million megawatt hours of electricity in a
calendar year, and must have been served by a municipally owned
utility and an electric generating cooperative owned by rural
electric cooperatives. The initial unregulated contract must not
have a negative financial impact on previous power suppliers or
their customers, reduce service reliability to other customers,
or reduce local or state tax revenue. Local or past suppliers of
electrical power will no longer have any obligation to provide
service to the facility.
The substitute also allows municipalities to purchase electricity
and ancillary services from any supplier without regulation
beyond the approval of the governing board of the municipality.
The substitute contains an emergency clause.