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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) The General Assembly finds that it is in the public interest to:
(1) Promote and encourage the use of existing electric generating units to the maximum extent practicable by seeking to ensure that each existing electric generating unit remains operational for the full useful life of each existing electric generating unit; and
(2) Foster investment, as appropriate, in existing electric generating units to extend the useful life of such units.
(b) The purpose of this subchapter is to:
(1) Ensure that Arkansas continues to have reliable and affordable electricity by confirming that each existing electric generating unit is used to the maximum extent of its useful life; and
(2) Encourage the use of existing electric generating units by consumers.
Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-18-1102. Legislative findings and purpose - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-18-1102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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