Representative Michael E. Noel proposes the following substitute bill:


1     
UNCLAIMED CAPITAL CREDITS AMENDMENTS

2     
2016 GENERAL SESSION

3     
STATE OF UTAH

4     
Chief Sponsor: Michael E. Noel

5     
Senate Sponsor: Ralph Okerlund

6     

7     LONG TITLE
8     General Description:
9          This bill amends provisions related to a distribution electrical cooperative's or telephone
10     cooperative's unclaimed capital credits.
11     Highlighted Provisions:
12          This bill:
13          ▸     defines terms; and
14          ▸     provides that a distribution electrical cooperative or a telephone cooperative may
15     use the proceeds of unclaimed capital credits to provide financial assistance to a
16     school, non-profit organization, or community organization in the area where the
17     cooperative provides service.
18     Money Appropriated in this Bill:
19          None
20     Other Special Clauses:
21          None
22     Utah Code Sections Affected:
23     AMENDS:
24          54-2-1, as last amended by Laws of Utah 2014, Chapters 20, 381, and 388
25          54-3-26, as enacted by Laws of Utah 1995, Chapter 198

26     

27     Be it enacted by the Legislature of the state of Utah:
28          Section 1. Section 54-2-1 is amended to read:
29          54-2-1. Definitions.
30          As used in this title:
31          (1) "Avoided costs" means the incremental costs to an electrical corporation of electric
32     energy or capacity or both that, due to the purchase of electric energy or capacity or both from
33     small power production or cogeneration facilities, the electrical corporation would not have to
34     generate itself or purchase from another electrical corporation.
35          (2) "Cogeneration facility":
36          (a) means a facility that produces:
37          (i) electric energy; and
38          (ii) steam or forms of useful energy, including heat, that are used for industrial,
39     commercial, heating, or cooling purposes; and
40          (b) is a qualifying cogeneration facility under federal law.
41          (3) "Commission" means the Public Service Commission of Utah.
42          (4) "Commissioner" means a member of the commission.
43          (5) (a) "Corporation" includes an association and a joint stock company having any
44     powers or privileges not possessed by individuals or partnerships.
45          (b) "Corporation" does not include towns, cities, counties, conservancy districts,
46     improvement districts, or other governmental units created or organized under any general or
47     special law of this state.
48          (6) "Distribution electrical cooperative" includes an electrical corporation that:
49          (a) is a cooperative;
50          (b) conducts a business that includes the retail distribution of electricity the cooperative
51     purchases or generates for the cooperative's members; and
52          (c) is required to allocate or distribute savings in excess of additions to reserves and
53     surplus on the basis of patronage to the cooperative's:
54          (i) members; or
55          (ii) patrons.
56          (7) (a) "Electrical corporation" includes every corporation, cooperative association, and

57     person, their lessees, trustees, and receivers, owning, controlling, operating, or managing any
58     electric plant, or in any way furnishing electric power for public service or to its consumers or
59     members for domestic, commercial, or industrial use, within this state.
60          (b) "Electrical corporation" does not include:
61          (i) an independent energy producer;
62          (ii) where electricity is generated on or distributed by the producer solely for the
63     producer's own use, or the use of the producer's tenants, or the use of members of an
64     association of unit owners formed under Title 57, Chapter 8, Condominium Ownership Act,
65     and not for sale to the public generally;
66          (iii) an eligible customer who provides electricity for the eligible customer's own use or
67     the use of the eligible customer's tenant or affiliate; or
68          (iv) a nonutility energy supplier who sells or provides electricity to:
69          (A) an eligible customer who has transferred the eligible customer's service to the
70     nonutility energy supplier in accordance with Section 54-3-32; or
71          (B) the eligible customer's tenant or affiliate.
72          (c) "Electrical corporation" does not include an entity that sells electric vehicle battery
73     charging services, unless the entity conducts another activity in the state that subjects the entity
74     to the jurisdiction and regulation of the commission as an electrical corporation.
75          (8) "Electric plant" includes all real estate, fixtures, and personal property owned,
76     controlled, operated, or managed in connection with or to facilitate the production, generation,
77     transmission, delivery, or furnishing of electricity for light, heat, or power, and all conduits,
78     ducts, or other devices, materials, apparatus, or property for containing, holding, or carrying
79     conductors used or to be used for the transmission of electricity for light, heat, or power.
80          (9) "Eligible customer" means a person who:
81          (a) on December 31, 2013:
82          (i) was a customer of a public utility that, on December 31, 2013, had more than
83     200,000 retail customers in this state; and
84          (ii) owned an electric plant that is an electric generation plant that, on December 31,
85     2013, had a generation name plate capacity of greater than 150 megawatts; and
86          (b) produces electricity:
87          (i) from a qualifying power production facility for sale to a public utility in this state;

88          (ii) primarily for the eligible customer's own use; or
89          (iii) for the use of the eligible customer's tenant or affiliate.
90          (10) "Eligible customer's tenant or affiliate" means one or more tenants or affiliates:
91          (a) of an eligible customer; and
92          (b) who are primarily engaged in an activity:
93          (i) related to the eligible customer's core mining or industrial businesses; and
94          (ii) performed on real property that is:
95          (A) within a 25-mile radius of the electric plant described in Subsection (9)(a)(ii); and
96          (B) owned by, controlled by, or under common control with, the eligible customer.
97          (11) "Gas corporation" includes every corporation and person, their lessees, trustees,
98     and receivers, owning, controlling, operating, or managing any gas plant for public service
99     within this state or for the selling or furnishing of natural gas to any consumer or consumers
100     within the state for domestic, commercial, or industrial use, except in the situation that:
101          (a) gas is made or produced on, and distributed by the maker or producer through,
102     private property:
103          (i) solely for the maker's or producer's own use or the use of the maker's or producer's
104     tenants; and
105          (ii) not for sale to others;
106          (b) gas is compressed on private property solely for the owner's own use or the use of
107     the owner's employees as a motor vehicle fuel; or
108          (c) gas is compressed by a retailer of motor vehicle fuel on the retailer's property solely
109     for sale as a motor vehicle fuel.
110          (12) "Gas plant" includes all real estate, fixtures, and personal property owned,
111     controlled, operated, or managed in connection with or to facilitate the production, generation,
112     transmission, delivery, or furnishing of gas, natural or manufactured, for light, heat, or power.
113          (13) "Heat corporation" includes every corporation and person, their lessees, trustees,
114     and receivers, owning, controlling, operating, or managing any heating plant for public service
115     within this state.
116          (14) (a) "Heating plant" includes all real estate, fixtures, machinery, appliances, and
117     personal property controlled, operated, or managed in connection with or to facilitate the
118     production, generation, transmission, delivery, or furnishing of artificial heat.

119          (b) "Heating plant" does not include either small power production facilities or
120     cogeneration facilities.
121          (15) "Independent energy producer" means every electrical corporation, person,
122     corporation, or government entity, their lessees, trustees, or receivers, that own, operate,
123     control, or manage an independent power production or cogeneration facility.
124          (16) "Independent power production facility" means a facility that:
125          (a) produces electric energy solely by the use, as a primary energy source, of biomass,
126     waste, a renewable resource, a geothermal resource, or any combination of the preceding
127     sources; or
128          (b) is a qualifying power production facility.
129          (17) "Nonutility energy supplier" means a person that:
130          (a) has received market-based rate authority from the Federal Energy Regulatory
131     Commission in accordance with 16 U.S.C. Sec. 824d, 18 C.F.R. Part 35, Filing of Rate
132     Schedules and Tariffs, or applicable Federal Energy Regulatory Commission orders; or
133          (b) owns, leases, operates, or manages an electric plant that is an electric generation
134     plant that:
135          (i) has a capacity of greater than 100 megawatts; and
136          (ii) is hosted on the site of an eligible customer that consumes the output of the electric
137     plant, in whole or in part, for the eligible customer's own use or the use of the eligible
138     customer's tenant or affiliate.
139          (18) "Private telecommunications system" includes all facilities for the transmission of
140     signs, signals, writing, images, sounds, messages, data, or other information of any nature by
141     wire, radio, lightwaves, or other electromagnetic means, excluding mobile radio facilities, that
142     are owned, controlled, operated, or managed by a corporation or person, including their lessees,
143     trustees, receivers, or trustees appointed by any court, for the use of that corporation or person
144     and not for the shared use with or resale to any other corporation or person on a regular basis.
145          (19) (a) "Public utility" includes every railroad corporation, gas corporation, electrical
146     corporation, distribution electrical cooperative, wholesale electrical cooperative, telephone
147     corporation, telegraph corporation, water corporation, sewerage corporation, heat corporation,
148     and independent energy producer not described in Subsection (19)(d), where the service is
149     performed for, or the commodity delivered to, the public generally, or in the case of a gas

150     corporation or electrical corporation where the gas or electricity is sold or furnished to any
151     member or consumers within the state for domestic, commercial, or industrial use.
152          (b) (i) If any railroad corporation, gas corporation, electrical corporation, telephone
153     corporation, telegraph corporation, water corporation, sewerage corporation, heat corporation,
154     or independent energy producer not described in Subsection (19)(d), performs a service for or
155     delivers a commodity to the public, it is considered to be a public utility, subject to the
156     jurisdiction and regulation of the commission and this title.
157          (ii) If a gas corporation, independent energy producer not described in Subsection
158     (19)(d), or electrical corporation sells or furnishes gas or electricity to any member or
159     consumers within the state, for domestic, commercial, or industrial use, for which any
160     compensation or payment is received, it is considered to be a public utility, subject to the
161     jurisdiction and regulation of the commission and this title.
162          (c) Any corporation or person not engaged in business exclusively as a public utility as
163     defined in this section is governed by this title in respect only to the public utility owned,
164     controlled, operated, or managed by the corporation or person, and not in respect to any other
165     business or pursuit.
166          (d) An independent energy producer is exempt from the jurisdiction and regulations of
167     the commission with respect to an independent power production facility if it meets the
168     requirements of Subsection (19)(d)(i), (ii), (iii), or (iv), or any combination of these:
169          (i) the commodity or service is produced or delivered, or both, by an independent
170     energy producer solely for a use described in Subsections (7)(b)(ii) through (iv) or for the use
171     of state-owned facilities;
172          (ii) the commodity or service is sold by an independent energy producer solely to an
173     electrical corporation or other wholesale purchaser;
174          (iii) (A) the commodity or service produced or delivered by the independent energy
175     producer is delivered to an entity that controls, is controlled by, or affiliated with the
176     independent energy producer or to a user located on real property managed or controlled by the
177     independent energy producer; and
178          (B) the real property on which the service or commodity is used is contiguous to real
179     property that is owned or controlled by the independent energy producer or is separated only by
180     a public road or an easement for a public road; or

181          (iv) the independent energy producer:
182          (A) supplies energy for direct consumption by a customer that is:
183          (I) a United States governmental entity, including an entity of the United States
184     military, or a county, municipality, city, town, other political subdivision, local district, special
185     service district, state institution of higher education, school district, charter school, or any
186     entity within the state system of public education; or
187          (II) an entity qualifying as a charitable organization under 26 U.S.C. Sec. 501(c)(3)
188     operated for religious, charitable, or educational purposes that is exempt from federal income
189     tax and able to demonstrate its tax-exempt status;
190          (B) supplies energy to the customer through use of a customer generation system, as
191     defined in Section 54-15-102, for use on the real property where the customer generation
192     system is located;
193          (C) supplies energy using a customer generation system designed to supply the lesser
194     of:
195          (I) no more than 90% of the average annual consumption of electricity by the customer
196     at that site, based on an annualized billing period; or
197          (II) the maximum size allowable under net metering provisions, defined in Section
198     54-15-102;
199          (D) notifies the customer before installing the customer generation system of:
200          (I) all costs the customer is required to pay for the customer generation system,
201     including any interconnection costs; and
202          (II) the potential for future changes in amounts paid by the customer for energy
203     received from the public utility and the possibility of changes to the customer fees or charges to
204     the customer associated with net metering and generation;
205          (E) enters into and performs in accordance with an interconnection agreement with a
206     public utility providing retail electric service where the real property on which the customer
207     generation system is located, with the rates, terms, and conditions of the retail service and
208     interconnection agreement subject to approval by the governing authority of the public utility,
209     as defined in Subsection 54-15-102(8); and
210          (F) installs the relevant customer generation system by December 31, 2021.
211          (e) Any person or corporation defined as an electrical corporation or public utility

212     under this section may continue to serve its existing customers subject to any order or future
213     determination of the commission in reference to the right to serve those customers.
214          (f) (i) "Public utility" does not include any person that is otherwise considered a public
215     utility under this Subsection (19) solely because of that person's ownership of an interest in an
216     electric plant, cogeneration facility, or small power production facility in this state if all of the
217     following conditions are met:
218          (A) the ownership interest in the electric plant, cogeneration facility, or small power
219     production facility is leased to:
220          (I) a public utility, and that lease has been approved by the commission;
221          (II) a person or government entity that is exempt from commission regulation as a
222     public utility; or
223          (III) a combination of Subsections (19)(f)(i)(A)(I) and (II);
224          (B) the lessor of the ownership interest identified in Subsection (19)(f)(i)(A) is:
225          (I) primarily engaged in a business other than the business of a public utility; or
226          (II) a person whose total equity or beneficial ownership is held directly or indirectly by
227     another person engaged in a business other than the business of a public utility; and
228          (C) the rent reserved under the lease does not include any amount based on or
229     determined by revenues or income of the lessee.
230          (ii) Any person that is exempt from classification as a public utility under Subsection
231     (19)(f)(i) shall continue to be so exempt from classification following termination of the
232     lessee's right to possession or use of the electric plant for so long as the former lessor does not
233     operate the electric plant or sell electricity from the electric plant. If the former lessor operates
234     the electric plant or sells electricity, the former lessor shall continue to be so exempt for a
235     period of 90 days following termination, or for a longer period that is ordered by the
236     commission. This period may not exceed one year. A change in rates that would otherwise
237     require commission approval may not be effective during the 90-day or extended period
238     without commission approval.
239          (g) "Public utility" does not include any person that provides financing for, but has no
240     ownership interest in an electric plant, small power production facility, or cogeneration facility.
241     In the event of a foreclosure in which an ownership interest in an electric plant, small power
242     production facility, or cogeneration facility is transferred to a third-party financer of an electric

243     plant, small power production facility, or cogeneration facility, then that third-party financer is
244     exempt from classification as a public utility for 90 days following the foreclosure, or for a
245     longer period that is ordered by the commission. This period may not exceed one year.
246          (h) (i) The distribution or transportation of natural gas for use as a motor vehicle fuel
247     does not cause the distributor or transporter to be a "public utility," unless the commission,
248     after notice and a public hearing, determines by rule that it is in the public interest to regulate
249     the distributers or transporters, but the retail sale alone of compressed natural gas as a motor
250     vehicle fuel may not cause the seller to be a "public utility."
251          (ii) In determining whether it is in the public interest to regulate the distributors or
252     transporters, the commission shall consider, among other things, the impact of the regulation
253     on the availability and price of natural gas for use as a motor fuel.
254          (i) "Public utility" does not include:
255          (i) an eligible customer who provides electricity for the eligible customer's own use or
256     the use of the eligible customer's tenant or affiliate; or
257          (ii) a nonutility energy supplier that sells or provides electricity to:
258          (A) an eligible customer who has transferred the eligible customer's service to the
259     nonutility energy supplier in accordance with Section 54-3-32; or
260          (B) the eligible customer's tenant or affiliate.
261          (j) "Public utility" does not include an entity that sells electric vehicle battery charging
262     services, unless the entity conducts another activity in the state that subjects the entity to the
263     jurisdiction and regulation of the commission as a public utility.
264          (20) "Purchasing utility" means any electrical corporation that is required to purchase
265     electricity from small power production or cogeneration facilities pursuant to the Public Utility
266     Regulatory Policies Act, 16 U.S.C. [Section] Sec. 824a-3.
267          (21) "Qualifying power producer" means a corporation, cooperative association, or
268     person, or the lessee, trustee, and receiver of the corporation, cooperative association, or
269     person, who owns, controls, operates, or manages any qualifying power production facility or
270     cogeneration facility.
271          (22) "Qualifying power production facility" means a facility that:
272          (a) produces electrical energy solely by the use, as a primary energy source, of biomass,
273     waste, a renewable resource, a geothermal resource, or any combination of the preceding

274     sources;
275          (b) has a power production capacity that, together with any other facilities located at
276     the same site, is no greater than 80 megawatts; and
277          (c) is a qualifying small power production facility under federal law.
278          (23) "Railroad" includes every commercial, interurban, and other railway, other than a
279     street railway, and each branch or extension of a railway, by any power operated, together with
280     all tracks, bridges, trestles, rights-of-way, subways, tunnels, stations, depots, union depots,
281     yards, grounds, terminals, terminal facilities, structures, and equipment, and all other real
282     estate, fixtures, and personal property of every kind used in connection with a railway owned,
283     controlled, operated, or managed for public service in the transportation of persons or property.
284          (24) "Railroad corporation" includes every corporation and person, their lessees,
285     trustees, and receivers, owning, controlling, operating, or managing any railroad for public
286     service within this state.
287          (25) (a) "Sewerage corporation" includes every corporation and person, their lessees,
288     trustees, and receivers, owning, controlling, operating, or managing any sewerage system for
289     public service within this state.
290          (b) "Sewerage corporation" does not include private sewerage companies engaged in
291     disposing of sewage only for their stockholders, or towns, cities, counties, conservancy
292     districts, improvement districts, or other governmental units created or organized under any
293     general or special law of this state.
294          (26) "Telegraph corporation" includes every corporation and person, their lessees,
295     trustees, and receivers, owning, controlling, operating, or managing any telegraph line for
296     public service within this state.
297          (27) "Telegraph line" includes all conduits, ducts, poles, wires, cables, instruments, and
298     appliances, and all other real estate, fixtures, and personal property owned, controlled,
299     operated, or managed in connection with or to facilitate communication by telegraph, whether
300     that communication be had with or without the use of transmission wires.
301          (28) "Telephone cooperative" means a telephone corporation that:
302          (a) is a cooperative; and
303          (b) is organized for the purpose of providing telecommunications service to the
304     telephone corporation's members and the public at cost plus a reasonable rate of return.

305          [(28)] (29) (a) "Telephone corporation" means any corporation or person, and their
306     lessees, trustee, receivers, or trustees appointed by any court, who owns, controls, operates,
307     manages, or resells a public telecommunications service as defined in Section 54-8b-2.
308          (b) "Telephone corporation" does not mean a corporation, partnership, or firm
309     providing:
310          (i) intrastate telephone service offered by a provider of cellular, personal
311     communication systems (PCS), or other commercial mobile radio service as defined in 47
312     U.S.C. Sec. 332 that has been issued a covering license by the Federal Communications
313     Commission;
314          (ii) Internet service; or
315          (iii) resold intrastate toll service.
316          [(29)] (30) "Telephone line" includes all conduits, ducts, poles, wires, cables,
317     instruments, and appliances, and all other real estate, fixtures, and personal property owned,
318     controlled, operated, or managed in connection with or to facilitate communication by
319     telephone whether that communication is had with or without the use of transmission wires.
320          [(30)] (31) "Transportation of persons" includes every service in connection with or
321     incidental to the safety, comfort, or convenience of the person transported, and the receipt,
322     carriage, and delivery of that person and that person's baggage.
323          [(31)] (32) "Transportation of property" includes every service in connection with or
324     incidental to the transportation of property, including in particular its receipt, delivery,
325     elevation, transfer, switching, carriage, ventilation, refrigeration, icing, dunnage, storage, and
326     hauling, and the transmission of credit by express companies.
327          [(32)] (33) "Water corporation" includes every corporation and person, their lessees,
328     trustees, and receivers, owning, controlling, operating, or managing any water system for
329     public service within this state. It does not include private irrigation companies engaged in
330     distributing water only to their stockholders, or towns, cities, counties, water conservancy
331     districts, improvement districts, or other governmental units created or organized under any
332     general or special law of this state.
333          [(33)] (34) (a) "Water system" includes all reservoirs, tunnels, shafts, dams, dikes,
334     headgates, pipes, flumes, canals, structures, and appliances, and all other real estate, fixtures,
335     and personal property owned, controlled, operated, or managed in connection with or to

336     facilitate the diversion, development, storage, supply, distribution, sale, furnishing, carriage,
337     appointment, apportionment, or measurement of water for power, fire protection, irrigation,
338     reclamation, or manufacturing, or for municipal, domestic, or other beneficial use.
339          (b) "Water system" does not include private irrigation companies engaged in
340     distributing water only to their stockholders.
341          [(34)] (35) "Wholesale electrical cooperative" includes every electrical corporation that
342     is:
343          (a) in the business of the wholesale distribution of electricity it has purchased or
344     generated to its members and the public; and
345          (b) required to distribute or allocate savings in excess of additions to reserves and
346     surplus to members or patrons on the basis of patronage.
347          Section 2. Section 54-3-26 is amended to read:
348          54-3-26. Retention of unclaimed capital credits by electric and telephone
349     cooperatives -- Use of retained money -- Reporting requirements.
350          [Each electric and telephone cooperative shall: (1) retain capital credits given to
351     customers of electric and telephone cooperatives in this state that remain unclaimed for a
352     period of three years after the end the year in which the credit is given; (2) use the money
353     retained solely to:]
354          (1) As used in this section:
355          (a) "Cooperative" means a:
356          (i) distribution electrical cooperative, as defined in Section 54-2-1, that is incorporated
357     in the state; or
358          (ii) telephone cooperative, as defined in Section 54-2-1, that is incorporated in the
359     state.
360          (b) "Unclaimed capital credit" means a capital credit issued by a cooperative to the
361     cooperative's customer that is unclaimed on the last day of the year three years after the year in
362     which the credit was issued.
363          (2) A cooperative shall retain an unclaimed capital credit.
364          (3) A cooperative shall use the proceeds of a retained unclaimed capital credit to:
365          (a) [assist low-income persons to] pay [their] all or a portion of a low-income
366     individual's utility bills; [and]

367          (b) provide [scholarships] scholarships to [local] graduating high school seniors in the
368     area where the cooperative provides service; or
369          (c) provide financial assistance to, in the area where the cooperative provides service:
370          (i) a school;
371          (ii) a non-profit organization; or
372          (iii) a community organization.
373          [(3)] (4) A cooperative shall establish [guidelines based on factors such as income or
374     special needs to determine persons who qualify; and] criteria for recipients of the financial
375     assistance described in this section that are based on:
376          (a) a recipient's financial or other needs; and
377          (b) the recipient community's interests.
378          [(4)] (5) A cooperative shall submit [copies annually] a report, before November 1 of
379     each year, to the Public Service Commission [of: (a) the cooperative's guidelines; and (b)
380     amounts and disposition of retained capital credits by individual recipients.] that describes:
381          (a) the amount of unclaimed capital credits retained by the cooperative;
382          (b) the amount and recipients of financial assistance disbursed under this section; and
383          (c) the criteria used by the cooperative to determine the recipients and amount of
384     financial assistance disbursed under this section.