Utility rate cases would let parties answer rebuttal evidence

The text provides for refunds when the commission finds certain construction costs in utility rates were imprudent or otherwise unreasonable. This concerns construction costs included in an electric utility's rate base, a figure used to set customer rates. The commission must make the finding in a later complaint or general rate case. Any refund applies only to the extent of the finding and includes interest at the rate used for delinquent taxes. The commission would make this decision in a later complaint or general rate case.

The text gives each party a chance to answer other parties’ rebuttal testimony and exhibits through testimony filed in advance. This applies to proceedings under section 393.150 when testimony is filed in advance. The text gives no start date.

The text allows the commission to consider business risk from rate adjustment mechanisms when setting a utility’s allowed return. This applies to a utility rate proceeding. The commission may also consider other changes in the utility’s business risk. The text gives no start date.