Arkansas Code § 8-3-208 - Rate and Reliability Safety Valve

(a) If a state plan approved under this subchapter would result in a significant increase in the total electric or natural gas bill annually for any customer class, the Arkansas Department of Environmental Quality shall reopen the proceeding under § 8-3-204 and, after the opportunity for a hearing, revise the state plan to satisfy § 8-3-206(a)(1) and transmit the revised state plan to the cochairs of the Legislative Council for approval under § 8-3-207.

(b) (1) Each year the department shall evaluate the impact of electricity rate increases on the energy-intensive-trade-exposed manufacturers and the resulting greenhouse gas leakage.

(2) If increased electric rates are found to be contributing to increased manufacturing greenhouse gas leakage, the department shall reopen the proceeding under § 8-3-204 and, after the opportunity for a hearing, revise the state plan to avoid manufacturing greenhouse gas leakage and transmit the revised state plan to the cochairs of the Legislative Council for approval under § 8-3-207.

Section: Previous  8-3-202  8-3-203  8-3-204  8-3-205  8-3-206  8-3-207  8-3-208  

Last modified: November 15, 2016