The proposed bill, if enacted, would amend current statutes related to the Residential Utility Consumer Office (RUCO) by introducing new requirements for the Director of RUCO. Specifically, it would mandate that the Director intervene in any public service corporation rate case where the proposed rate increase for residential customers is 100 percent or more. This insertion aims to enhance consumer protection by ensuring that significant rate increases are scrutinized and addressed.
Additionally, the bill would make technical changes to existing language, such as replacing the term "his" with "the director's" to clarify the responsibilities of the Director of RUCO. It would also update the reference to the corporation commission utilities division consumer services section, ensuring that the language is current and accurate. Overall, these updates aim to strengthen the role of RUCO in protecting residential utility consumers from drastic rate increases.
Statutes affected: Introduced Version: 40-464
House Engrossed Version: 40-464