Kentucky · 2026 Regular Session
Create new sections of KRS Chapter 278 to declare that policy of the Commonwealth is for retail electric suppliers under the Public Service Commission (PSC) to procure electric generation sufficient to meet customer demand using an open, competitive process and at a rate that is the lowest possible; require retail electric suppliers to conduct integrated resource planning every 3 years and set forth the parameters of the integrated resource plan process; exempt elective cooperatives from the integrated resource plan process if the cooperative maintains an all-requirements contract; direct the PSC to promulgate administrative regulations within 120 days of the effective date of the Act; restrict the purchase of capacity from regional transmission organizations or independent system operators for prolonged periods as determined by the commission; require retail electric suppliers to file integrated resource plans on a triennial basis and include an assessment and acquisition plan for adequate and reliable electricity to meet customer demand at the lowest possible cost of forecasted estimates; make the privilege to serve customers in a certified territory a property right of the…
2nd reading, to Rules (2026-03-05)