22RS HB 342

Actions

Last Action	01/24/22: to Committee on Committees (H)
Title	AN ACT relating to utility rates.
Bill Documents	Introduced
Bill Request Number	1491
Sponsors	A. Hatton, R. Palumbo, J. Raymond, S. Westrom
Summary of Original Version	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.
Index Headings of Original Version	Public Utilities - Utility rates, affordability, Public Service Commission review and adjustment Cooperatives - Utility rates, affordability, Public Service Commission review and adjustment