Relates to requiring gas and electric corporations to disclose certain information with an application for a major rate change
What changed between versions
Eliminated the requirement for an inflation-indexed proposal that limits revenue increases to the average annual consumer price index over the prior three years.
Removed the mandate for applicants to separately itemize operating expenses, capital expenditures, and programmatic/policy expenditures in a standardized format.
Deleted the detailed rebuttable presumption rule regarding dividend increases and the specific burden of proof required to challenge them.
Simplified the remaining disclosure requirements to focus primarily on dividend forecasts and explanations for recent dividend increases, removing other cost breakdowns.
Changed the effective date of the act from 'the ninetieth day after it shall have become a law' to a fixed date of January 1, 2027.
