Pa. Senate approves electricity conservation bill

October 8, 2008 12:23:45 PM PDT
A heavily lobbied bill geared to cut electricity usage and prices in Pennsylvania has the state Senate's approval. The Senate voted 47-3 for the bill on Wednesday, the last day the chamber is scheduled to vote on bills this year. It was not immediately clear if and when the bill will get a vote in the House.

Under the bill, the state's utilities would be required to find ways to cut electricity usage by a small percentage by 2011.

The utilities also would have to show state regulators that they are trying to buy electricity at the cheapest possible price, instead of buying at wholesale market prices.

The bill also levies penalties of up to $20 million for utilities that are caught manipulating the price of electricity.

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