Alaska HB385 establishes a simplified rate filing procedure for public electric cooperatives and local exchange telephone utilities.

Alaska HB385 amends the state's regulatory framework to allow public electric cooperatives and local exchange telephone utilities to adjust their rates over time using a simplified rate filing procedure. The Alaska Public Utilities Commission will set regulations for this process, which utilities must satisfy to gain permission. The commission retains the authority to review and modify the rates if necessary.

Alaska HB385 establishes a simplified rate filing procedure for public electric cooperatives and local exchange telephone utilities.

Alaska HB385 amends the state's regulatory framework to allow public electric cooperatives and local exchange telephone utilities to adjust their rates over time using a simplified rate filing procedure. The Alaska Public Utilities Commission will set regulations for this process, which utilities must satisfy to gain permission. The commission retains the authority to review and modify the rates if necessary.