corporation commission; utilities; amortization; tariffs
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
House Bill 2782 requires the Arizona Corporation Commission to increase transparency regarding utility rates. Specifically, it mandates that utilities and the commission disclose details about regulatory assets, including the unamortized balance, the difference between historical and current balances, and the expected amortization expense. This aims to provide the public with better information to understand how rates are calculated and adjusted over time.
Key provisions
- Utilities must disclose the unamortized balance of regulatory assets.
- Utilities must disclose the difference between historical and current balances of regulatory assets.
- Utilities must disclose the expected amortization expense for regulatory assets.
- Utilities must disclose how rate base will be adjusted for assets with fixed or declining values.
- The Corporation Commission must ensure disclosures allow for comparison of recovered amounts versus remaining unamortized assets.
Who is affected
- Arizona Public Service Corporations
- Arizona Corporation Commission
- Utility Customers
- Ratepayers
- The Public
Notable changes
- Requires detailed disclosures of regulatory assets and amortization schedules.
- Focuses on improving public understanding of rate setting processes.
Bill text
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Sponsors
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1 on record
Primary sponsor
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