ORS tit. 57, ch. 757, TRANSPORTATION, TEMPORARY PROVISIONS RELATING to COLLECTION OF FUNDS TO SUPPORT TRANSPORTATION ELECTRIFICATION ARE COMPILED AS NOTES FOLLOWING ORS 757.357
ORS tit. 57, ch. 757, TRANSPORTATION, TEMPORARY PROVISIONS RELATING to COLLECTION OF FUNDS TO SUPPORT TRANSPORTATION ELECTRIFICATION ARE COMPILED AS NOTES FOLLOWING ORS 757.357
Sections 1 to 3, chapter 95, Oregon Laws 2021, provide:
Sec. 1. Section 2 of this 2021 Act is added to and made a part of ORS chapter 757. [2021 c. 95, § 1]
Sec. 2. Collection of funds to support transportation electrification. (1) As used in this section:
(a) "Distribution" has the meaning given that term in ORS 757.600.
(b) "Electric company" has the meaning given that term in ORS 757.600.
(c) "Retail electricity consumer" has the meaning given that term in ORS 757.600.
(d) "Transportation electrification" has the meaning given that term in ORS 757.357.
(2) An electric company that makes sales of electricity to 25,000 or more retail electricity consumers in this state shall collect, through monthly meter charges, an amount from each retail electricity consumer served through the distribution system owned and operated by the electric company, regardless of whether the retail electricity consumer purchases the electricity from the electric company. The total amounts collected under this section must be set to one quarter of one percent of the total revenues collected by the electric company from all retail electricity consumers.
(3) Funds collected under subsection (2) of this section must be expended by the electric company to support and integrate transportation electrification and must be consistent with a budget approved by the Public Utility Commission for use of funds collected under this section. Expenditures made by an electric company pursuant to this subsection must be made on elements contained within the electric company's transportation electrification plan accepted by the commission pursuant to ORS 757.357.
(4) An electric company shall account separately for all revenues and expenditures related to funds described in this section and shall report the revenues and expenditures on a schedule and in the manner prescribed by the commission.
(5) Funds collected and expended pursuant to this section shall be a minimum investment in transportation electrification and may not limit the amounts that may otherwise be collected by an electric company in rates to recover the costs of prudently incurred investments that support transportation electrification.
(6) An electric company shall make reasonable efforts to expend not less than one-half of the amount collected under subsection (2) of this section each year to support transportation electrification in underserved communities through approaches that may include but are not limited to programs, infrastructure, rebates or expenses that support:
(a) The use of electric vehicles by residents of rental or multifamily housing;
(b) The use of electric vehicles by communities of color, communities experiencing lower incomes, tribal communities, rural communities, frontier communities, coastal communities and other communities adversely harmed by environmental and health hazards;
(c) The use of electric vehicles by communities described in paragraph (b) of this subsection in areas with a low density of public charging stations; or
(d) The deployment of electric school and transit buses in a manner that benefits communities described in paragraph (a) or (b) of this subsection. [2021 c. 95, § 2]
Sec. 3. Section 2 of this 2021 Act is repealed on January 2, 2031. [2021 c. 95, § 3]