In CommitteeFiled Apr 30, 2026
Sponsor: Murdock
Latest Action
Re-ref Com On Appropriations/Base Budget
May 6, 2026
Summary
The bill eliminates automatic, multi‑year rate adjustments for electric utilities, requiring all rate changes to go through a standard annual rate case. It caps performance‑based incentives at 1% of a utility’s revenue and directs the Utilities Commission to study the system’s effectiveness, with findings due by March 1 2027. The goal is to give consumers more oversight and protect them from rising electricity bills.
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