Utility Rates and Ratemaking Amendment Act of 2026 amends the Public Utilities Act of 1989.

The Utility Rates and Ratemaking Amendment Act of 2026 amends the Public Utilities Act of 1989 to require the Public Service Commission to approve multiyear rate plans only if they are based on historic test years and do not include positive net benefits of the investments. The act also mandates that gas companies analyze cost-effective options to defer, reduce, or remove the need to replace, construct, or upgrade components of the gas company's distribution infrastructure.

Utility Rates and Ratemaking Amendment Act of 2026 amends the Public Utilities Act of 1989.

The Utility Rates and Ratemaking Amendment Act of 2026 amends the Public Utilities Act of 1989 to require the Public Service Commission to approve multiyear rate plans only if they are based on historic test years and do not include positive net benefits of the investments. The act also mandates that gas companies analyze cost-effective options to defer, reduce, or remove the need to replace, construct, or upgrade components of the gas company's distribution infrastructure.