H7112 — Provides that any rate increase with respect to electric distribution companies would be no greater than the increase in the Consumer Price Index or 5.5%, whichever is greater, unless there is approval of a higher rate by the general assembly

H7112 — Provides that any rate increase with respect to electric distribution companies would be no greater than the increase in the Consumer Price Index or 5.5%, whichever is greater, unless there is approval of a higher rate by the general assembly · Informed CitizenryH7112 sets limits on how much electric utility companies can raise their rates for customers. Under this law, any planned rate increase cannot exceed either the annual rise in the Consumer Price In…Open in Informed Citizenry