North Carolina H922 revises definitions in public utility law and adds requirements to protect ratepayers from unjust or unreasonable fees.

North Carolina H922 revises definitions in public Utility Law and adds requirements to protect ratepayers from unjust or unreasonable fees. The bill prohibits public utilities from recovering certain costs through rates, including advertising, lobbying, political contributions, and other activities. Public utilities must report these expenses annually to the North Carolina Utilities Commission. The Commission can impose penalties and assess civil penalties for violations.

North Carolina H922 revises definitions in public utility law and adds requirements to protect ratepayers from unjust or unreasonable fees.

North Carolina H922 revises definitions in public Utility Law and adds requirements to protect ratepayers from unjust or unreasonable fees. The bill prohibits public utilities from recovering certain costs through rates, including advertising, lobbying, political contributions, and other activities. Public utilities must report these expenses annually to the North Carolina Utilities Commission. The Commission can impose penalties and assess civil penalties for violations.