Amendment ID: S3143-175

Amendment 175

Immediate GSEP phase out for ratepayer savings

Mr. Montigny moves that the proposed new text be amended in section 74 by striking lines 2642 through 2645 in its entirety and inserting in place thereof the following:-

"(1) on or after November 1, 2026, and before October 31, 2027, shall be 1.5 percent;

(2) on or after November 1, 2027, and before October 31, 2028, shall be 1.0 percent;

(3) on or after November 1, 2028, and before October 31, 2029, shall be 0.5 percent; and

(4) on or after November 1, 2029, shall be 0 percent."