Imposing one-year moratorium on approval of certain public utility rate increases

Summary

The bill bars the Public Service Commission and local governing bodies from approving any utility rate hikes from July 1, 2026 through June 30, 2027. It still allows the commission to conduct hearings, audits, require data, and approve rate cuts or refunds. The pause is meant to give lawmakers time to study ways to lower utility costs for households and businesses.

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