SB 1247

Abstract

Electric utilities; closure of carbon-emitting generating units. Requires each owner of a large carbon-emitting power plant to provide notice to relevant localities and state agencies about the decision to close the plant within 30 days of making such decision The bill requires localities in which such facilities are located, and planning district commissions in such localities, to conduct public hearings regarding the impending closure within six months of receipt of such notice. The bill requires the Division of Energy to maintain a public website listing the facilities subject to the requirements of the bill and their anticipated closure dates. As part of an integrated resource plan, the bill requires each utility to submit a facility retirement study for its carbon-emitting facilities and disclose the study to relevant localities and state agencies.

Electric utilities; closure of carbon-emittinggenerating units. Requires each owner of a large carbon-emittingpower plant to provide a facility retirement study every 18 months.The bill requires that whenever a generation asset owner makes thedecision to close a plant, such owner must provide notice to relevantlocalities and state agencies within 14 days of making that decision.