If approved, the process would cover public utilities beyond the electric cooperatives and local telephone companies named in the amended wording.
Public utilities could apply to adjust rates over time through a simplified filing process. The commission must approve an application if the utility meets its rules.
The commission would set rules for public utilities to apply for permission to adjust rates over time. The procedure would apply to public utilities. The commission must grant an application if the utility meets the rules. The commission may review how the process is used, revoke permission, or require rate changes to correct an error.
No hearings or votes scheduled.