KY HB342 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 24 2022 - 25% progression, died in committee
Action: 2022-01-24 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amend KRS 278.030 to include rate affordability when determining fair, just, and reasonable utility rates; allow the Public Service Commission to review the affordability of a utility's rate if the utility has not requested a rate adjustment within the last five years; allow the commission to order a rate increase to prevent significant increases in a single period; require affordable, fair, just, and reasonable rates to balance the interests of the utility, its investors, and the ratepayer.

Tracking Information

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Title

AN ACT relating to utility rates.

Sponsors


History

DateChamberAction
2022-01-24Houseto Committee on Committees (H)
2022-01-24Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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