Public Trust in Utility Regulation Act of 2026 mandates detailed capital expenditure disclosures and regular audits for electric and gas companies.
The Public Trust in Utility Regulation Act of 2026 requires electric and gas companies to submit detailed descriptions of capital expenditures when proposing rate changes. These descriptions must include project purposes, costs, expected usefulness, locations, rationales, and anticipated benefits. The Public Service Commission must conduct regular audits of public utilities every three years, covering market information, service quality, financial data, societal impacts, and affiliate transactions.
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- Core Provisions
- Implementation
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- Legal Framework
- Critical Issues
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