Committee reaffirms performance‑based ratemaking in SB 2487
Conference committee voted to report SB 2487, which reaffirms performance‑based ratemaking for the PUC and removes a provision favoring historical costs; members said the conference draft reflects agreement and ways‑and‑means clearance.
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Conference committee members on May 1 took SB 2487 out of order, summarized key changes and voted to report the conference draft. Sponsors said the bill reaffirms performance‑based ratemaking at the Public Utilities Commission and removes a prior provision that preferred historical-cost metrics.
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