Increases utility rate increase transparency for consumers by requiring additional information be made accessible to the public regarding fuel cost increases and increases in rates or charges.
Increases utility rate increase transparency for consumers by requiring additional information be made accessible to the public regarding fuel cost increases and increases in rates or charges.
Requires public utilities to provide customers notice of request for increase in rates; revises requirements related to hearings on proposed rate increases.
Requires public utilities to provide customers notice of request for increase in rates; revises requirements related to hearings on proposed rate increases.
Requires respective changes to service and delivery charges for gas or electric service to be included in the information regarding average proposed rate changes required to be published by the public service commission in certain instances.
Requires respective changes to service and delivery charges for gas or electric service to be included in the information regarding average proposed rate changes required to be published by the public service commission in certain instances.
Requires consideration of evidence relating to the economic impact of major increases of rates or charges upon consumers and the areas affected by such increases of rates or charges prior to approval of any such rates or charges; establishes minimum data to be considered by the public service commission relating to such economic impact.
Requires consideration of evidence relating to the economic impact of major increases of rates or charges upon consumers and the areas affected by such increases of rates or charges prior to approval of any such rates or charges; establishes minimum data to be considered by the public service commission relating to such economic impact.
Requires legislative approval of any utility rate or charge increase approved by the public service commission; provides that the legislature can approve, modify or rescind any rate or charge increase approved by the commission by concurrent resolution; provides that the legislature can review any rate or charge increase approved in the prior 12 months.