| 1 | 1 | | LRB-0133/1 |
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| 2 | 2 | | EHS:wlj |
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| 3 | 3 | | 2023 - 2024 LEGISLATURE |
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| 4 | 4 | | 2023 ASSEMBLY BILL 840 |
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| 5 | 5 | | December 22, 2023 - Introduced by Representatives SHANKLAND, ANDRACA, |
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| 6 | 6 | | HAYWOOD, C. ANDERSON, J. ANDERSON, BALDEH, BARE, CLANCY, CONSIDINE, |
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| 7 | 7 | | EMERSON, GOYKE, JACOBSON, JOERS, MADISON, NEUBAUER, OHNSTAD, PALMERI, |
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| 8 | 8 | | RATCLIFF, SHELTON, SINICKI, STUBBS, SUBECK and VINING, cosponsored by |
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| 9 | 9 | | Senators LARSON, L. JOHNSON, HESSELBEIN, ROYS, TAYLOR, AGARD, CARPENTER, |
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| 10 | 10 | | SMITH and SPREITZER. Referred to Committee on Energy and Utilities. |
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| 11 | 11 | | ***AUTHORS SUBJECT TO CHANGE*** |
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| 12 | 12 | | AN ACT to amend 196.374 (3) (b) 2. of the statutes; relating to: funding of the |
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| 13 | 13 | | Focus on Energy program. |
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| 14 | 14 | | Analysis by the Legislative Reference Bureau |
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| 15 | 15 | | This bill makes changes to the funding of statewide energy efficiency and |
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| 16 | 16 | | renewable resources programs, known as Focus on Energy, that current law requires |
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| 17 | 17 | | investor-owned electric and natural gas utilities to fund. Under the bill, the Public |
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| 18 | 18 | | Service Commission must require those utilities to spend 2.4 percent of their annual |
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| 19 | 19 | | operating revenues derived from retail sales to fund Focus on Energy and related |
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| 20 | 20 | | programs. Under current law, the amount those utilities must spend is 1.2 percent |
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| 21 | 21 | | of their annual operating revenues derived from retail sales. |
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| 22 | 22 | | For further information see the state and local fiscal estimate, which will be |
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| 23 | 23 | | printed as an appendix to this bill. |
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| 24 | 24 | | The people of the state of Wisconsin, represented in senate and assembly, do |
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| 25 | 25 | | enact as follows: |
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| 26 | 26 | | SECTION 1. 196.374 (3) (b) 2. of the statutes is amended to read: |
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| 27 | 27 | | 196.374 (3) (b) 2. The commission shall require each energy utility to spend 1.2 |
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| 28 | 28 | | 2.4 percent of its annual operating revenues derived from retail sales to fund the |
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| 29 | 29 | | utility's programs under sub. (2) (b) 1., the utility's ordered programs, the utility's |
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| 35 | 35 | | 6 - 2 -2023 - 2024 Legislature LRB-0133/1 |
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| 36 | 36 | | EHS:wlj |
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| 37 | 37 | | SECTION 1 ASSEMBLY BILL 840 |
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| 38 | 38 | | share of the statewide energy efficiency and renewable resource programs under |
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| 39 | 39 | | sub. (2) (a) 1., and the utility's share, as determined by the commission under subd. |
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| 40 | 40 | | 4., of the costs incurred by the commission in administering this section. |
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| 41 | 41 | | (END) |
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