Committee advances FAIR Act after amendment amid sharp debate over ROE cap
Lawmakers advanced House Bill 2224, the FAIR Authorized Investment Return Act, after adopting an amendment clarifying a utility’s duty to serve and workforce requirements. Supporters urged further amendments on the floor; opponents warned an ROE cap could deter investment and blamed PJM decisions for higher costs.
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The House Consumer Protection, Technology & Utilities Committee voted to advance House Bill 2224, the FAIR Authorized Investment Return Act, after adopting an amendment that clarifies a utility's duty to serve customers and use a qualified workforce.
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