SB 1597 — Relating to energy generation; prescribing an effective date.

83rd OREGON LEGISLATIVE ASSEMBLY--2026 Regular Session A-Engrossed Senate Bill 1597 Ordered by the Senate February 18 Including Senate Amendments dated February 18 Sponsored by Senators FREDERICK, MANNING JR, Representatives SANCHEZ, GAMBA;

Senators GOLDEN, JAMA, PHAM K, PROZANSKI, Representatives ANDERSEN, HELM, ISADORE, NELSON, NGUYEN D, PHAM H, WISE (Presession filed.) SUMMARY The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly.

It is an editor’s brief statement of the essential features of the measuremeasure. as introduced.

Makes a power provider tell the public the costs to store nuclear waste made from making electric power.

(Flesch Readability Score:

61.6).

[Digest:

63.6).63.6).] Requires an electric utility to disclose to its customers the costs of storing [the] nuclear waste produced by an energy facility in generating electricity.

Requires a person who develops an electricenergy utilityfacility to disclose to itsthe customerselectric utility and the public the costs of storing the[the] any nuclear waste produced by anthe energy facility in generating electricity.

Requires a person who develops an energy facility to disclose to the electric utility and the public the costs of storing the waste produced by the en- ergy facility in generating electricity.

(1) As used in this section,section: “electric utility” means a public utility, a people’s utility district organized under ORS chapter 261, a municipal utility operating under ORS chapter 225 or a cooperative organized under ORS chapter 62 that provides or delivers elec- tricity service.

(2)(a) An“Electric electricutility” utilitymeans shalla disclosepublic toutility, itsa customerspeople’s theutility costsdistrict oforganized storingunder theORS wastechapter produced261, bya anmunicipal energyutility facilityoperating inunder generatingORS electricitychapter that225 theor electrica utilitycooperative recoversor- inganized theunder ratesORS ofchapter the62 electricthat utility.provides or delivers electricity service.

(3)(b) Prior“Energy tofacility” developingmeans the energy facility, a personnuclear who seeks to develop an energy fa-facility cilitylocated toin generateOregon electricity that iscommences togenerating beelectricity soldon byor anafter electric utility shall disclose to the electriceffective utilitydate and the public the costs of storingthis the2026 wasteAct. that will be produced by the energy facility in generating electricity.

(2) An electric utility shall disclose to its customers the costs of storing nuclear waste produced by an energy facility in generating electricity that the electric utility recovers in the rates of the electric utility.

(3) Prior to developing the energy facility, a person who seeks to develop an energy fa- cility to generate electricity that is to be sold by an electric utility shall disclose to the electric utility and the public the costs of storing nuclear waste that will be produced by the energy facility in generating electricity.