The State of Washington's Capitol Building in Olympia. will be facing a difficult decision — whether to sign the “Clean Energy Bill.” The bill aims to transform the state’s biggest utility,, known as the “Clean Energy Bill.” But not before the Senate did a near-total rewrite of key provisions Friday.
Simultaneously, it included language that would merge Puget Sound Energy’s natural gas and electric into a combined rate structure. Critics said the combination would raise rates.“I want to make it clear — the gas ban has been removed and any person who lives in the state’s largest dual fuel utility will be able to get a hook up with new construction,” she said during a speech on the House floor. “And the obligation to serve remains intact.”Rep.
It also incentivizes PSE to accelerate the depreciation of its natural gas equipment, thereby allowing the utility to collect more money from ratepayers to retire its natural gas equipment early. Next, the bill will go to Inslee for his approval. It may be a bill he has to think twice about because it’s not what he had hoped for originally.
Source: Energy Industry News (energyindustrynews.net)
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