An Act amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in general provisions, further providing for definitions; in powers and duties, providing for public interest; and, in rates and distribution systems, further providing for rates to be just and reasonable, for voluntary changes in rates and for rates fixed on complaint and investigation of costs of production.

Summary

This bill updates Pennsylvania's public utility laws by adding a 'public interest' standard to how utility rates are set and regulated. It modifies existing rules regarding how rates are determined, investigated, and voluntarily changed. As a result, the state's utility commission will have to consider the broader public interest when approving or reviewing utility rates.

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