AN ACT CONCERNING PUBLIC SERVICE COMPANY RATES AND EARNINGS IN EXCESS OF THEIR AUTHORIZED RATE OF RETURN.
To (1) change the rules for when the Public Utilities Regulatory Authority is required to hold an investigation concerning utility companies' earnings in excess of their authorized return on equity, (2) require that the earnings sharing mechanism for utility overearnings directs a greater share to ratepayers, and (3) to give the Public Utilities Regulatory Authority flexibility on how it directs any overearnings to ratepayers.
Introduced by:Rep. Mitch Bolinsky, 106th Dist.
|New today||2-4 days old||5 days & older|
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Co-sponsors for Amendment LCO:
|1/23/2023||Referred to Joint Committee on Energy and Technology|