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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 ... |