Indicates Matter Stricken Indicates New Matter COMMITTEE REPORT March 7, 2018 H. 4421 Introduced by Reps. J.E. Smith, McCoy, Ott, G.M. Smith, Ballentine, W. Newton, Bales, McEachern, Brown, Henegan, Clary, Arrington and Stavrinakis S. Printed 3/7/18--H. [SEC 3/8/18 10:48 AM] Read the first time January 9, 2018. THE COMMITTEE ON JUDICIARY To whom was referred a Bill (H. 4421) to amend the Code of Laws of South Carolina, 1976, by adding Article 25 to Chapter 27, Title 58 so as to enact the “South Carolina Electric Consumer Bill, etc., respectfully REPORT: That they have duly and carefully considered the same and recommend that the same do pass with amendment: Amend the bill, as and if amended, by striking all after the enacting language and inserting: / SECTION 1. Article 7, Chapter 27, Title 58 of the 1976 Code is amended by adding: In order to address the challenges identified “Section 58271060. within current utility cost of service ratemaking methodologies, cost allocations, and rate designs in the report published pursuant to 58271050, The Office of Regulatory Staff, with guidance and feedback from electrical utilities and other interested parties, shall investigate and recommend to the commission revised ratemaking methodologies, cost allocations, and rate designs for all retail customers by December 31, 2019. The recommendations should include a proposed timeline for implementation, including a pilot period of at least two years to study the impact of new rate designs on customer behaviors and on customer satisfaction. The commission shall issue an order adopting, modifying, or rejecting the Office of Regulatory Staff recommendations on revised
Indicates Matter Stricken Indicates New Matter COMMITTEE REPORT March 7, 2018 H. 4421 Introduced by Reps. J.E. Smith, McCoy, Ott, G.M. Smith, Ballentine, W. Newton, Bales, McEachern, Brown, Henegan, Clary, Arrington and Stavrinakis S. Printed 3/7/18--H. [SEC 3/8/18 10:48 AM] Read the first time January 9, 2018. THE COMMITTEE ON JUDICIARY To whom was referred a Bill (H. 4421) to amend the Code of Laws of South Carolina, 1976, by adding Article 25 to Chapter 27, Title 58 so as to enact the “South Carolina Electric Consumer Bill, etc., respectfully REPORT: That they have duly and carefully considered the same and recommend that the same do pass with amendment: Amend the bill, as and if amended, by striking all after the enacting language and inserting: / SECTION 1. Article 7, Chapter 27, Title 58 of the 1976 Code is amended by adding: “Section 58271060. In order to address the challenges identified within current utility cost of service ratemaking methodologies, cost allocations, and rate designs in the report published pursuant to 58271050, The Office of Regulatory Staff, with guidance and feedback from electrical utilities and other interested parties, shall investigate and recommend to the commission revised ratemaking methodologies, cost allocations, and rate designs for all retail customers by December 31, 2019. The recommendations should include a proposed timeline for implementation, including a pilot period of at least two years to study the impact of new rate designs on customer behaviors and on customer satisfaction. The commission shall issue an order adopting, modifying, or rejecting the Office of Regulatory Staff recommendations on revised