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Committee advances HB 3179, requiring economic impact analysis for residential rate increases
Summary
The Natural Resources subcommittee adopted an amendment and forwarded House Bill 3179, which would require utilities to submit cumulative economic impact analyses with proposed residential rate increases and prohibits rate hikes from Nov. 1 to March 31.
The Natural Resources subcommittee on June 11 adopted the A9 amendment and moved House Bill 3179 to the Ways and Means full committee with a due‑pass recommendation. HB 3179 would require electric and natural gas utilities to submit a cumulative economic impact analysis with proposed residential rate increases; the Public Utility Commission must consider bill trends, seasonal costs and hardship data when evaluating whether rates…
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