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Senate committee hearing: bill would require CUC to reconcile estimated accounts quarterly and impose penalties
Summary
At a Senate standing committee hearing, an unidentified speaker said he will introduce a bill to require CUC to reconcile estimated customer accounts on a quarterly basis, limit estimates to three months, and create penalties for noncompliance; the committee received no written testimony and adjourned by voice vote.
An unidentified participant at a Senate standing committee hearing said on the record that he will introduce a bill requiring CUC to reconcile estimated customer accounts on a quarterly basis and to limit any single estimate period to three months, with "very stiff" penalties for the commission to enforce.
"So the bill that I'm proposing tomorrow will mandate CUC to reconcile their estimated accounts on a quarterly basis and there's going to be some very stiff penalty that I am imposing in there for the commission to enforce," said Unidentified Speaker 1. He added that there is "no reason that an estimate will go on for more than 3…
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