House committee holds hearing on regulating municipal electric rates

House committee holds hearing on regulating municipal electric rates

The House Local Government Committee gathered Tuesday to evaluate the benefits and disadvantages of passing House Bill 1405.

 

HB 1405 has two main functions. It would not allow municipalities to transfer money from electric funds to general funds. It would also provide residents within municipalities that have electric service monopolies to have more protections so these residents would have choice. These protections would be similar to guidelines that the Public Utility Commission (PUC) abides by.

Tuesday, February 13, 2018/Author: Taylor Allen
Categories: News and Views
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