Florida H0187 amends the Florida Public Service Commission's duties and membership, focusing on rate regulation and equity returns.

Florida H0187 revises the Florida Public Service Commission's duties and membership, emphasizing rate regulation and equity returns. It mandates that the commission's allowable return on equity for public utilities does not exceed the national average for comparable utilities. The bill requires the commission to submit an annual report to the Governor and the Legislature by March 1, detailing economic analyses, compensation of executive officers, and potential cost impacts to utility customers.

Florida H0187 amends the Florida Public Service Commission's duties and membership, focusing on rate regulation and equity returns.

Florida H0187 revises the Florida Public Service Commission's duties and membership, emphasizing rate regulation and equity returns. It mandates that the commission's allowable return on equity for public utilities does not exceed the national average for comparable utilities. The bill requires the commission to submit an annual report to the Governor and the Legislature by March 1, detailing economic analyses, compensation of executive officers, and potential cost impacts to utility customers.