Senator Campsen proposes the following amendment (SFGF-3309.BC0004S):

Amend the bill, as and if amended, SECTION 20, by striking Section 58-37-40(C)(2) and inserting:

  (2) The commission shall approve an electrical utility's or the Public Service Authority's integrated resource plan if the commission determines that the proposed integrated resource plan represents the most reasonable and prudent means of meeting the electrical utility's or the Public Service Authority's energy and capacity needs as of the time the plan is reviewed. To determine whether the integrated resource plan is the most reasonable and prudent means of meeting energy and capacity needs, the commission, in its discretion, shall consider whether the plan appropriately balances the following factors:In reviewing an integrated resource plan, the commission shall give due consideration as to the resources and actions necessary for the utility to fulfill compliance and reliability obligations pursuant to the Federal Energy Regulatory Commission, the North American Electric Reliability Corporation, the Southeastern Electric Reliability Council, and the Nuclear Regulatory Commission requirements, as well as environmental requirements applicable to resources serving customers in this state. Matters related to the scope and sufficiency of an electrical utility's demand-side plans and activities shall be considered exclusively in proceedings conducted pursuant to Section 58-37-20. In reviewing an integrated resource plan, the commission shall focus its review on the decisions which the applicant must make in the near term based on the triennial integrated resource plan under consideration at the time and shall approve a plan if it finds that the plan appropriately balances the following factors:
   (a) resource adequacy and capacity to serve anticipated peak electrical load, and to meet applicable planning reserve margins;
   (b) consumer affordability and least reasonable cost considering the resources needed to support economic development and industry retention, and other risks and benefits;
   (c) compliance with applicable state and federal environmental regulations;
   (d) power supply reliability;
   (e) commodity price risks;
   (f) diversity of generation supply; and
   (g) the efficiencies and optimum plans for any electrical utility system spanning state lines located within the electrical utility's or the Public Service Authority's balancing authority area; and
   (h) other foreseeable conditions that the commission determines to be for the public's interest.

Renumber sections to conform.

Amend title to conform.