Public Trust in Utility Regulation Act of 2026

The Public Trust in Utility Regulation Act of 2026 requires electric and gas companies in the District of Columbia to provide detailed information about proposed capital investments when seeking rate increases. This legislation mandates that utility firms disclose the purpose, cost, and expected benefits of each project to the Public Service Commission and make this data publicly available. Additionally, the bill establishes a requirement for the Commission to audit public utility finances, expenditures, and service quality every three years. These measures aim to increase transparency and accountability in utility regulation without changing the Public Service Commission's existing authority. The primary goal is to help residents and policymakers better understand how utility costs are determined and ensure investments serve the public interest.