Utah legislation · 2025 General Session
Utah HB72: Electricity Rate Amendments
Status: Chaptered, March 25, 2026
This bill modifies provisions related to public utility regulation.
What the bill says
A bill surcredit to an electrical corporation's customers over a period specified by the commission; and (ii) include a carrying charge. (i) Prudently incurred actual costs in excess of revenue collected For prudently incurred actual costs in excess of revenue incurred between December 31, 2024, and January 1, 2026, the costs shall: (i) be recovered as a bill surcharge over a period to be specified by the commission allocated as follows: (A) 70% shall be recovered as a bill surcharge over a period to be specified by the commission; and (B) 30% shall be borne by the electrical corporation ; and.
From the amended text:
a bill surcredit to an electrical corporation's customers over a period specified by the commission; and (ii) include a carrying charge. (i) Prudently incurred actual costs in excess of revenue collected For prudently incurred actual costs in excess of revenue incurred between December 31, 2024, and January 1, 2026, the costs shall: (i) be recovered as a bill surcharge over a period to be specified by the commission allocated as follows: (A) 70% shall be recovered as a bill surcharge over a period to be specified by the commission; and (B) 30% shall be borne by the electrical corporation ; and (ii) include a carrying charge. (j) For prudently incurred actual costs in excess of revenue collected after December 31, 2025: (i) for coal-related fuel costs, an electrical corporation shall recover 100% from customers if: (A) a captive coal supply exists; or (B) a commission-approved coal-related fuel contract exists with a minimum term exceeding five years; (ii) for wind and solar costs or benefits: (A) an electrical corporation shall recover 100% from customers if: (I) the electrical corporation uses, for both forecasting net power costs in a general rate case and establishing the in-rates level for energy balancing account costs, the minimum annual generation level that was assumed when determining the prudence of acquiring the resource; and (II) the actual …