An Act amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, providing for return on equity; in service and facilities, further providing for billing procedures; and, in restructuring of electric utility industry, further providing for revenue-neutral reconciliation.
The bill revises how investor-owned utilities recover return on equity in rates, changing the framework and methods used by the PUC to determine allowable ROE.