SB 505
Ensuring Reliable and Affordable Electricity Act
The purpose of this bill is to protect ratepayers from paying for underperforming assets, particularly as the state transitions away from fossil fuel-based generation. The focus is on ensuring that new energy assets are reliable and cost-effective, especially during times of peak demand.
Sponsors: Patrick Martin
ISSUES: Climate, Development
CWV Position: Opposes
Status: Introduced on 2/14/25 and referred to Senate Committee on Energy, Industry, and Mining; and then referred to Senate Committee on Government Organization.