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

The bill restricts how often public utilities can submit new rate proposals and requires a general rate review every three years. It also creates a framework for utilities to use automatic rate adjustments, defines virtual power plants and excludes them from utility regulation, and mandates integrated resource planning for rate‑regulated utilities. The goal is to increase transparency, protect customers and encourage modern energy resources.

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

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