Public Trust in Utility Regulation Act of 2026 requires detailed capital expenditure descriptions in rate change filings and mandates triennial.

The Public Trust in Utility Regulation Act of 2026 mandates that electric or gas companies provide detailed descriptions of capital expenditures when proposing rate changes. These descriptions must include the project purpose, total estimated cost, asset life, location, rationale, and anticipated benefits. The Public Service Commission must post these descriptions on its website within seven days of filing. The burden of proof for the necessity of the rate change lies with the utility company.

Public Trust in Utility Regulation Act of 2026 requires detailed capital expenditure descriptions in rate change filings and mandates triennial.

The Public Trust in Utility Regulation Act of 2026 mandates that electric or gas companies provide detailed descriptions of capital expenditures when proposing rate changes. These descriptions must include the project purpose, total estimated cost, asset life, location, rationale, and anticipated benefits. The Public Service Commission must post these descriptions on its website within seven days of filing. The burden of proof for the necessity of the rate change lies with the utility company.