Requires gas and electric corporations to disclose certain information with an application for a major rate change.
This bill mandates that gas and electric corporations disclose specific information when filing for a major rate change. Required disclosures include details on dividends paid to shareholders, capital investments, and policy expenditures over the previous ten years. Additionally, each application must include a dividend forecast for the requested rate period. The bill aims to ensure transparency and accountability in the rate change process.
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