A10533 — Requires certain utility corporations to refund ratepayers when their achieved return on equity exceeds authorized rates of return by fifty percent

A10533 — Requires certain utility corporations to refund ratepayers when their achieved return on equity exceeds authorized rates of return by fifty percent · Informed CitizenryThis bill amends the public service law to require investor-owned gas and electric corporations to refund 100% of earnings that exceed the 'earnings collar' to ratepayers as a direct bill credit. T…Open in Informed Citizenry