Electricity Rate Amendments

Summary

The bill directs the Public Service Commission to set an energy cost baseline for utilities in rate cases. For costs incurred on or after Jan. 1, 2026, utilities must share 80 % of any difference between actual costs and the baseline with customers, while costs before that date remain fully recoverable. This changes how utilities recover fuel, power and wheeling expenses.

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

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