A bill for an act relating to the regulation of public utilities, including rate filings, rate adjustment mechanisms, virtual power plants, and integrated resource planning.

Summary

It restricts how often a public utility can submit new rate proposals and forces a general rate case at least every three years to confirm rates are just and based on actual costs. It also creates a framework for virtual power plants and requires rate‑regulated utilities to file integrated resource plans every three years. The goal is to keep electricity rates fair while encouraging new, customer‑owned energy resources.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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