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SB 266

North Carolina - Session 2025

Senate enacted 2025-07-29
Bill Details

Title: The Power Bill Reduction Act.

Summary

AN ACT TO ELIMINATE THE INTERIM DATE FOR CARBON REDUCTION BY CERTAIN ELECTRIC PUBLIC UTILITIES, TO ALLOW AN ALTERNATIVE COST RECOVERY MECHANISM FOR THE FINANCING COSTS OF CONSTRUCTION WORK IN PROGRESS FOR BASELOAD ELECTRIC GENERATING FACILITIES, TO MODIFY THE STATUTES GOVERNING COST RECOVERY FOR FUEL-RELATED CHARGES AND PERFORMANCE-BASED RATEMAKING, AND TO CODIFY A PROVISION AUTHORIZING SECURITIZATION OF COSTS FOR RETIREMENT OF COAL-FIRED GENERATING UNITS. SL 2025-78. Enacted July 29, 2025. Effective July 29, 2025.

Sponsor
Danny Earl Britt, Jr.
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Actions Timeline
Date Event Detail
2025-03-11 Introduced Bill introduced
2025-07-29 Status enacted
2025-07-29 Latest Action Ch. SL 2025-78
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