Legislation - SB0598

Title: Electric Companies - Cost Containment Plans - Requirement (Securing Affordable, Valuable Investments in Next Generation Grid Solutions) (SAVINGS Act)
Sponsored by: Senator Hester
Status: In the Senate - First Reading Education, Energy, and the Environment
Analysis

Synopsis

Requiring electric companies to submit to the Public Service Commission cost containment plans for electric distribution and transmission system planning on or before January 1, 2027, and every 3 years thereafter; requiring the plans to combine to reduce peak electric system loads in a certain manner; and requiring electric companies to submit certain progress reports on the implementation of the plan.

Committees

Original:: Education, Energy, and the Environment

Details

Cross-filed with: HB0723

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/05/2026 Legislative Date 2/05/2026 Action First Reading Education, Energy, and the Environment Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/05/2026	2/05/2026	First Reading Education, Energy, and the Environment

File Code

Subjects

Statutes