default service provider [shall] may offer the time-of-use
rates and real-time price plan to all customers that have
been provided with smart meter technology [under paragraph
(2)(iii)]. Residential or commercial customers may elect to
participate in time-of-use rates or real-time pricing. [The
default service provider shall submit an annual report to the
price programs and the efficacy of the programs in affecting
energy demand and consumption and the effect on wholesale
market prices.
(6) The provisions of this subsection shall not apply to
an electric distribution company with 100,000 or fewer
customers.]
(7) An electric distribution company may recover
reasonable and prudent costs of providing smart meter
technology [under paragraph (2)(ii) and (iii)], as determined
by the commission[. This paragraph includes], including
annual depreciation and capital costs over the life of the
smart meter technology and the cost of any system upgrades
that the electric distribution company may require to enable
the use of the smart meter technology which are incurred
after the effective date of this paragraph, less operating
and capital cost savings realized by the electric
distribution company from the installation and use of the
smart meter technology. Smart meter technology shall be
deemed to be a new service offered for the first time under
section 2804(4)(vi). An electric distribution company may
recover smart meter technology costs:
(i) through base rates, including a deferral for
future base rate recovery of current basis with carrying
charge as determined by the commission[; or
20150SB0364PN0278 - 3 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30