(1)  The commission shall make rules, in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, outlining the requirements for a solicitation process. The rules required by this Subsection (1) shall include:

Terms Used In Utah Code 54-17-202

  • Affected electrical utility: means an electrical corporation with at least 200,000 retail customers in the state. See Utah Code 54-17-102
  • Benchmark option: means an energy resource against which bids in an open bid process may be evaluated that:
(a) could be constructed or owned by:
(i) an affected electrical utility; or
(ii) an affiliate of an affected electrical utility; or
(b) may be a purchase of:
(i) electricity;
(ii) electric generating capacity; or
(iii) electricity and electric generating capacity. See Utah Code 54-17-102
  • Commission: means the Public Service Commission. See Utah Code 54-2-1
  • Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
  • Solicitation: means a request for proposals or other invitation for persons to submit a bid or proposal through an open bid process for construction or acquisition of a significant energy resource. See Utah Code 54-17-102
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
  • (a)  the type of screening criteria an affected electrical utility may use in a solicitation process including the risks an affected electrical utility may consider;

    (b)  the required disclosures by an affected electrical utility if a solicitation includes a benchmark option;

    (c)  the required disclosures by an affected electrical utility related to the methodology the affected electrical utility uses to evaluate bids; and

    (d)  the participation of an independent evaluator in a manner consistent with Section 54-17-203.

    (2)  If an affected electrical utility is subject to regulation in more than one state regarding the acquisition, construction, or cost recovery of a significant energy resource, in making the rules required by Subsection (1), the commission may consider the impact of the multistate regulation including requirements imposed by other states as to:

    (a)  the solicitation process;

    (b)  cost recovery of resources; and

    (c)  methods by which the affected electrical utility may be able to mitigate the potential for cost disallowances.

    Amended by Chapter 382, 2008 General Session