(a) As used in this section, "retirement" or "retired" means as defined in W.S. 37-2-134(a)(ii). (b) Notwithstanding any other provision of this chapter but in addition to W.S. 37-3-117, the rates charged by an electric public utility shall not include any recovery of or earnings on the capital costs associated with electric generation facilities built, in whole or in part, to replace the electricity generated from a retired coal or natural gas electric generation facility that was retired on or after July 1, 2021 and for which the presumption against retirement was not rebutted by the public utility as required by W.S. 37-2-134.
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