Florida S0126 amends the Florida Public Service Commission's duties to ensure equitable returns on equity for public utilities.

Florida S0126 revises the Florida Public Service Commission's responsibilities to ensure the allowable return on equity for public utilities does not exceed the national average. The bill mandates the commission to provide detailed support and rationale for its conclusions in orders, including a discussion of major settlement elements. It also requires the commission to submit an annual report to the Governor and the Legislature by March 1, detailing compensation of executive officers, benchmarking of public utilities, and analyses of returns on equity models.

Florida S0126 amends the Florida Public Service Commission's duties to ensure equitable returns on equity for public utilities.

Florida S0126 revises the Florida Public Service Commission's responsibilities to ensure the allowable return on equity for public utilities does not exceed the national average. The bill mandates the commission to provide detailed support and rationale for its conclusions in orders, including a discussion of major settlement elements. It also requires the commission to submit an annual report to the Governor and the Legislature by March 1, detailing compensation of executive officers, benchmarking of public utilities, and analyses of returns on equity models.