Investor-Owned Public Service Companies - Base Rate Proceeding - Equity Market Return

Summary

The bill would have the Public Service Commission calculate the average expected 10‑year U.S. equity market return during base‑rate proceedings for investor‑owned gas and electric utilities. It then permits the Commission to adjust those utilities’ rates based on how the companies’ risks compare to that market return. The aim is to align utility pricing more closely with broader market performance.

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

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