Ark. Code Ann. § 23-18-1102: Legislative findings and purpose

(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. Added by Act 2021, No. 694,§ 1, eff. 7/28/2021.

(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.

(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.

(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.