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CUC urges exemption from 1% public auditor fee as Aldan introduces HB 24-53

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Summary

Kevin Watson, executive director of the Commonwealth Utilities Corporation, told the House that House Bill 24-53 would relieve ratepayers by exempting CUC from the mandatory 1% public auditor fee. Representative Vincent Aldan formally introduced the bill and it was referred to the Committee on Transportation and Infrastructure.

Kevin Watson, executive director of the Commonwealth Utilities Corporation, told the House that House Bill 24-53 would relieve utility ratepayers by exempting CUC from the mandatory 1% public auditor fee and replacing it with a cost-based audit recovery system.

The bill was formally introduced on the floor by Representative Vincent Aldan, who said the measure would amend 1…

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