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DIGEST OF INTRODUCED BILL
Recovery of governmentally mandated utility costs. Allows an energy utility to recover through a retail rate adjustment mechanism governmentally mandated costs incurred in providing retail energy service. Provides that the costs may be recovered through a rate adjustment mechanism if the costs result in a cumulative increase in the utility's intrastate regulated total operating expenses or capital costs in an amount that is at least 2% of the utility's authorized net operating income.