The House Consumer Affairs Committee, April 30, approved HB 2104, which would limit electric rate hikes for customers with variable rate plans to no more than 30 percent per billing cycle, reports State Rep. Jim Cox (R-129).
Many consumers experienced alarmingly high electric bills, after the harsh winter, said Cox. Most of these unusually high costs affected consumers with variable rate plans.
House Bill 2104 also would require switching requests to be completed within five business days; outline language all electric supplier contracts would contain to clearly explain terms; and give the Public Utility Commission (PUC) specific authority to investigate customer complaints related to the rates charged by electric generation suppliers.
The legislation now awaits additional consideration by the full House.
