Pennsylvania House legislators, led by @repfiedler.bsky.social, want to cap electric utility ROE at the 10-year Treasury rate plus two percentage points, to reduce costs for consumers. I wonder why not gas utilities also? Thoughts? www.publicsource.org/electricity-...
publicsource.org
Pa. House passes $1.7B tax cut on electricity, reins in utility company profits
The bill would rein in utility profits and establish a formula for ‘reasonable return’ on equity when utilities pursue rate hikes.
