House Bill 1423
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DIGEST OF INTRODUCED BILL
Annual utility rate reviews. Authorizes certain utilities to elect to have an annual rate review. Establishes the timing and form of the election. Requires a utility that elects to have annual rate review to submit an annual forecast report and an annual reconciliation report. Specifies the contents of the reports. Provides that an interested party may request an evidentiary hearing before the utility regulatory commission approves an election or an annual reconciliation report. Provides that certain rate adjustment mechanisms may be suspended during the period in which an election is in effect. Makes conforming amendments.
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| ||In Committee - first House|