(at the request of Governor Theodore R. Kulongoski)
Chief Sponsors:
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Regular Sponsors:
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Bill Title:
Relating to Klamath River dams; and declaring an emergency.
Catchline/Summary:
Directs Public Utility Commission to determine depreciation schedules for Klamath River dams based on assumption that dams will be removed in 2020. Directs Public Utility Commission to determine depreciation schedules for Klamath River dams based on assumption that dams will be removed in 2020. Directs commission to allow affected public utility to recover undepreciated amounts by imposing rates and tariffs.
Directs Public Utility Commission to require affected public utility to collect surcharges from customers for purpose of recovering costs incurred by public utility for removal of Klamath River dams. Imposes limit on amounts collected as surcharges. Requires commission to hold public hearing on imposed surcharges. Provides for direct review by Supreme Court if person challenges order issued pursuant to public hearing. Provides that if commission determines that Klamath River dams will not be removed, commission may terminate collection of all or part of surcharges and direct refund of amounts collected or use of amounts collected for benefit of customers.
Directs Public Utility Commission to allow affected public utility to include in rates and tariffs costs that are prudently incurred by utility by reason of changes in operation of Klamath River dams before removal of dams, or for replacement power after dams are removed.
Declares emergency, effective on passage.
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SB 76
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