Plain English Breakdown
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
This amendment changes the date by which a utility must provide updated rate summary tables.
This amendment changes the date by which a utility must provide updated rate summary tables.
What This Bill Does
- This amendment changes the date by which a utility must provide updated rate summary tables.
- This amendment changes the date by which a utility must provide updated rate summary tables.
- This amendment also implements a phased in cost cap for the electric distribution company cost cap so as not to impose a reliability risk to electric customers, limiting non-mandatory spending in 2026 and 2027 to an average of the amount that the company has spent in this category for the last 5 years, and to 5% of rate base thereafter.
Limits and Unknowns
- This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.