Tennessee § 65-4-126 - State policy on using energy more efficiently.

§ 65-4-126. State policy on using energy more efficiently.

The general assembly declares that the policy of this state is that the Tennessee public utility commission will seek to implement, in appropriate proceedings for each electric and gas utility, with respect to which the commission has rate making authority, a general policy that ensures that utility financial incentives are aligned with helping their customers use energy more efficiently and that provides timely cost recovery and a timely earnings opportunity for utilities associated with cost-effective measurable and verifiable efficiency savings, in a way that sustains or enhances utility customers' incentives to use energy more efficiently. Acts 2009, ch. 531, § 53; 2017, ch. 94, § 51. Compiler's Notes. For the Preamble to the act concerning the operation and funding of state government and to fund the state budget for the fiscal years beginning on July 1, 2008, and July 1, 2009, please refer to Acts 2009, ch. 531. Amendments. The 2017 amendment substituted “Tennessee public utility commission” for “Tennessee regulatory authority” and “the commission” for “the authority”. Effective Dates. Acts 2017, ch. 94, § 83. April 4, 2017.