S.C. Code § 58-33-210

Current through 2024 Act No. 225.

Section 58-33-210 - Citation and applicability of article

This article is known, and may be cited, as the "Base Load Review Act" and is applicable to utilities as defined in Section 58-33-220 of this article.

S.C. Code § 58-33-210

2007 Act No. 16, Section 2, eff upon approval (became law without the Governor's signature on May 3, 2007).

2007 Act No. 16, Section 1.(A), provides as follows:

"The purpose of Article 4 of Chapter 33 of Title 58, added by Section 2 of this act, is to provide for the recovery of the prudently incurred costs associated with new base load plants, as defined in Section 58-33-220 of Article 4, when constructed by investor-owned electrical utilities, while at the same time protecting customers of investor-owned electrical utilities from responsibility for imprudent financial obligations or costs."