Limit Electric Utilities Historic Fuel Cost Recovery.

Summary

The bill rewrites the rule that lets the Utilities Commission adjust rates for fuel cost changes, barring utilities from recovering fuel expenses incurred before a defined test period. It shifts the burden of proof to the utility and requires any over‑ or under‑recovery to be reflected in rates for only 12 months with interest. The measure also allocates $10,000 to the Commission and takes effect July 1 2026.

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