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Session 124 - (2021-2022)
Searching for 'securitization' in LEGISLATION
Searching for 'securitization' in LEGISLATION
Documents 1 - 3 of 3 matches
Summary: Public Service Commission
| ... of the debt service on the bonds that the special purpose entity issues. The bonds shall be payable solely from the pledged special charges. The securitization bonds are non-recourse to the electrical utility, and the principal, interest, and ... |
Summary: Utilities - Rates
| ... from costs associated with extreme weather events and with the transition away from uneconomic coal-fired generation units; and Whereas, securitization provides rate security for ratepayers as securitizing debt lowers carrying costs to ... |
Summary: Authorize issuance of bonds for purposes of offsetting and reducing prudently incurred costs
| ... utilities to lower the cost of financing the costs of these activities under certain conditions, and to empower the commission to review a securitization mechanism to determine whether it is consistent with the public interest and worthy of ... |