H7887 — Directs the public utilities commission to establish a standardized framework for determining authorized common equity ratios and authorized rates of returns on equity for public utilities.

H7887 — Directs the public utilities commission to establish a standardized framework for determining authorized common equity ratios and authorized rates of returns on equity for public utilities. · Informed CitizenryH7887 directs the Rhode Island Public Utilities Commission (PUC) to create a standard set of guidelines used to calculate how much profit is allowed for utility companies operating in the state. Sp…Open in Informed Citizenry