AN ACT CONCERNING THE PROCUREMENT OF STANDARD SERVICE ELECTRICITY AND THE REGULATION OF PUBLIC UTILITIES.
To (1) require the Public Utilities Regulatory Authority to study standard service procurement, (2) prohibit recovery by public utilities of certain costs in rates, (3) amend ratemaking procedures and rate case regulations, including by placing limits on the use of settlements and requiring utilities to fund certain stakeholder groups' participation in rate cases, (4) regulate the compensation of executives and officers at public utility companies or parent companies, (5) change accident reporting rules, (6) change the rules applicable to utility outages, and (7) appropriate additional funding for the Authority.
Introduced by:
Energy and Technology Committee
