BILL · 2021–22 SESSION · LATEST VERSION ESSB 5295

SB 5295: Gas & electrical rates

Transforming the regulation of gas and electrical companies toward multiyear rate plans and performance-based rate making.

Summary

  • Requires every general rate case filing of a gas or electrical company (utilities) to include a proposal for a multiyear rate plan (MYRP) that set rates and align cost recovery for several years at a time.
  • Requires the Utilities and Transportation Commission to determine a set performance measures that will be used to assess a utility operating under a MYRP.
  • Allows utilities to expand bill assistance programs through low-income discounts or grants provided in coordination with community-based organization in the utility's service territory.
  • Allows utilities to provide financial assistance to organizations who represent broad customer interests in regulatory proceedings.

From the Engrossed Substitute Senate Bill Report (ESSB 5295), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 188, Laws of 2021
  1. IntroducedJan 20, 2021
  2. Out of committeeFeb 12, 2021
  3. Passed SenateMar 5, 2021
  4. Passed HouseApr 7, 2021
  5. GovernorMay 3, 2021
  6. LawMay 3, 2021
Prime sponsor
Senator (D-36)
Introduced
January 20, 2021 in the Senate
Last action
May 3, 2021
Session law
Chapter 188, Laws of 2021
Companion bill
HB 1498
Budget
Has a fiscal note
Versions
SB 5295, ESSB 5295

AN ACT Relating to transforming the regulation of gas and electrical companies toward multiyear rate plans and performance-based rate making;

Sponsors

Prime sponsor: Senator (D-36)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed March 5, 2021
Version voted on: ESSB 5295
44 Yea 4 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat28100
Republican16301
How each member voted

House · Final Passage as Amended by the House

Passed April 7, 2021
Version voted on: ESSB 5295
94 Yea 3 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat56001
Republican38300
How each member voted

Yea (94)

Excused (1)

Senate · Final Passage as Amended by the House

Passed April 15, 2021
Version voted on: ESSB 5295
42 Yea 6 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican13601
How each member voted

History

  1. Effective date 7/25/2021. (ESSB 5295)
  2. Chapter 188, 2021 Laws. (ESSB 5295)
  3. Governor signed. (ESSB 5295)
  4. Delivered to Governor. (ESSB 5295)
  5. Speaker signed. (ESSB 5295)
  6. President signed. (ESSB 5295)
  7. Passed final passage; yeas, 42; nays, 6; absent, 0; excused, 1. (ESSB 5295)
  8. Senate concurred in House amendments. (ESSB 5295)
  9. Third reading, passed; yeas, 94; nays, 3; absent, 0; excused, 1. (ESSB 5295)
  10. Rules suspended. Placed on Third Reading. (ESSB 5295)
  11. Committee amendment(s) adopted as amended. (ESSB 5295)
  12. Rules Committee relieved of further consideration. Placed on second reading. (ESSB 5295)
  13. Referred to Rules 2 Review. (ESSB 5295)
  14. ENVI - Majority; do pass with amendment(s). (ESSB 5295)
  15. ENVI - Executive action taken by committee. (ESSB 5295)
  16. First reading, referred to Environment & Energy. (ESSB 5295)
  17. Third reading, passed; yeas, 44; nays, 4; absent, 0; excused, 1. (ESSB 5295)
  18. Rules suspended. Placed on Third Reading. (ESSB 5295)
  19. Floor amendment(s) adopted. (ESSB 5295)
  20. 1st substitute bill substituted. (ESSB 5295)
  21. 1st substitute bill substituted.
  22. Placed on second reading by Rules Committee. (ESSB 5295)
  23. Placed on second reading by Rules Committee.
  24. Passed to Rules Committee for second reading. (ESSB 5295)
  25. Passed to Rules Committee for second reading.
  26. ENET - Majority; 1st substitute bill be substituted, do pass. (ESSB 5295)
  27. Minority; without recommendation. (ESSB 5295)
  28. Minority; do not pass. (ESSB 5295)
  29. Minority; do not pass.
  30. Minority; without recommendation.
  31. ENET - Majority; 1st substitute bill be substituted, do pass.
  32. First reading, referred to Environment, Energy & Technology.

SB 5295 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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