AN ACT CONCERNING THE COMPOSITION AND CONDUCT OF THE PUBLIC UTILITIES REGULATORY AUTHORITY.

HB 5404 requires the Public Utilities Regulatory Authority (PURA) to have full bipartisan membership, mandating three majority-party and two minority-party members, with vacancies filled by the Senate President Pro Tempore and House Speaker. It separates PURA from the Department of Energy and Environmental Protection, prohibits private communications between PURA members and officials, and allows electric companies to recover known costs in rate reviews. The bill also requires both legislative chambers to approve any policy restricting utility shutoffs for nonpayment due to hardship. These changes aim to make PURA more independent and balanced in its regulatory decisions affecting electricity and gas utilities.