In CommitteeFiled Apr 30, 2026
Sponsor: DeAndrea Salvador (D)
Latest Action
Re-ref Com On Appropriations/Base Budget
May 5, 2026
Summary
The bill bars the Utilities Commission from implementing electric rates that would increase a utility’s authorized rate of return on equity unless the General Assembly specifically ratifies those rates. It also directs the Commission to study equity‑cost factors and report its findings, while providing a small appropriation for the work. The measure targets electric public utilities, the state commission, and ultimately ratepayers.
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