Rhode Island H7887 establishes a standardized framework for determining authorized common equity ratios and authorized rates of return on equity for.

Rhode Island H7887 directs the public utilities commission to create a standardized framework for determining authorized common equity ratios and authorized rates of return on equity for public utilities. The commission must update and maintain a generic financing methodology based on publicly available data, establish fair and reasonable authorized common equity ratios and rates of return on equity, and reconcile the authorized rate of return on equity with the actual average monthly rate of return on equity.

Rhode Island H7887 establishes a standardized framework for determining authorized common equity ratios and authorized rates of return on equity for.

Rhode Island H7887 directs the public utilities commission to create a standardized framework for determining authorized common equity ratios and authorized rates of return on equity for public utilities. The commission must update and maintain a generic financing methodology based on publicly available data, establish fair and reasonable authorized common equity ratios and rates of return on equity, and reconcile the authorized rate of return on equity with the actual average monthly rate of return on equity.