An Act relating to a simplified rate filing procedure for public utilities.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to streamline how public utilities, specifically electric cooperatives and local telephone companies, request rate adjustments from the Alaska Public Utility Commission. It proposes a ‘simplified rate filing procedure’ that allows utilities to apply for rate changes over time, provided they meet specific requirements outlined by the commission. The goal is to make the rate adjustment process more efficient and less burdensome for both the utilities and the commission. The commission will review the process periodically and can adjust or revoke approval if necessary.
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Sponsors
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1 on record
Primary sponsor
House Labor & Commerce
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