House Amendment 2a
Reps. LUCAS, G.M. SMITH, SIMRILL, RUTHERFORD, FINLAY and DAVIS propose the following Amendment No. to H. 3194 (COUNCIL\ZW\3194C005.CC.ZW21):
Reference is to Printer's Date 4/22/21-S. Amend the bill, as and if amended, by striking all after the enacting words and inserting: / Part 3 SECTION 1.Chapter 31, Title 58 is amended by adding: "Article 7 Retail Rates Process Section 58-31-710. The Public Service Authority, through its board of directors, shall adopt and publish pricing principles that respect and balance factors including, but not limited to, adherence to the authority's mission to be a low-cost provider, reliability, transparency, preservation of the authority's financial integrity, equity among customer classes, gradualism in adjustments to its pricing and rate schedule type, encouragement of efficiency and demand response, adequate notice to customers, and relief mechanisms for financially distressed customers. The authority shall also maintain and continue to offer rate sche