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Bill would require PSC annual rate reports and customer notice before rate cases, staff say
Summary
At an Environment and Transportation Committee energy subcommittee briefing on Feb. 17, staff explained HB 540 would require the Public Service Commission to publish annual rate reports and require investor‑owned utilities to notify customers before initiating proceedings that may lead to rate changes; no vote was taken.
At a Feb. 17 energy subcommittee briefing of the Environment and Transportation Committee, staff outlined House Bill 540, a transparency measure that would require the Public Service Commission to develop and publish an annual rate report for each investor‑owned electric and gas company beginning Jan. 1, 2028. Under the bill as discussed, utilities would be required to distribute the PSC’s annual rate report to retail customers via a bill insert or email and to include a notice before initiating proceedings that may lead to a rate change.
The bill, as described by legislative staffer Steve, clarifies that the PSC — not each utility — prepares…
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