SENATE BILL 814

File Code: Utility Regulation Crossfiled with: HOUSE BILL 1334

Sponsored By:

Senator Stone

Entitled:

Electric Utility Regulation - Standard Offer Service - Total Rates

Synopsis:

Prohibiting an electric company in any year in which the electric company has an obligation to provide standard offer service under a Public Service Commission order from increasing the rate for electricity charged to residential customers by more than 5%; allowing an electric company to recover the portion of the total rate that exceeds 5% through a standard offer service transition charge over a 5-year period; etc.

History by Legislative Date

Senate Action

2/3

First Reading Finance

2/15

Hearing 3/7 at 1:00 p.m.

2/17

Hearing cancelled

Hearing 3/8 at 1:00 p.m.

3/7

Hearing cancelled

Hearing 3/14 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES

PRICES -see also- CONSUMER PRICE INDEX

PUBLIC SERVICE COMMISSION

RULES AND REGULATIONS

UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Bill affects the following Statute:

Public Utility Companies

( 7-510.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered