Lowering Utility Bills Act mandates lower return on equity for utilities.

The Lowering Utility Bills Act amends the Federal Power Act and the Public Utility Regulatory Policies Act of 1978. It requires investor-owned electric utilities, gas utilities, and transmission providers to establish a range of reasonableness for the return on equity when calculating rates. The lowest return on equity in this range must be used for rate calculations. The Federal Energy Regulatory Commission (FERC) must establish a range of reasonableness for transmission providers, considering factors like regional planning processes.

Lowering Utility Bills Act mandates lower return on equity for utilities.

The Lowering Utility Bills Act amends the Federal Power Act and the Public Utility Regulatory Policies Act of 1978. It requires investor-owned electric utilities, gas utilities, and transmission providers to establish a range of reasonableness for the return on equity when calculating rates. The lowest return on equity in this range must be used for rate calculations. The Federal Energy Regulatory Commission (FERC) must establish a range of reasonableness for transmission providers, considering factors like regional planning processes.