HB 3179: Relating to public utilities; and declaring an emergency.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Directs the Public Utility Commission to consider the cumulative economic impact of an electric or natural gas company's proposed residential rate or schedule of rates. Requires an electric or natural gas company to file an analysis of the cumulative economic impact on the company's residential rate payers if the company's return on equity is subject to review and modification. Authorizes the commission to adjust rates to mitigate an increase in residential customer rates if the increase would affect the ability of customers to maintain adequate utility services. Prohibits any increase in residential rates from taking effect from November 1 to March 31. Directs the commission to require an electric or natural gas company to establish a multiyear rate plan for certain rate revisions. Prohibits, until January 2, 2027, or the date the commission adopts rules regarding multiyear rate plans, certain rate increases from taking effect within 18 months from the date of the last rate increase. Authorizes a public utility, upon approval by the commission, to issue bonds and securitize debt for costs and expenses incurred or to be incurred by the public utility associated with certain capital investments, retiring a generation asset, environmental remediation or an event in which the availability of electricity or natural gas within a regional energy market is significantly constrained. Requires an electric or natural gas company to provide and make public a visual representation of cost categories included in the company's residential customer rates and a report on any rate adjustments the company expects within the next 12 months. Declares an emergency, effective on passage.

Sponsors

Sponsors by party (alphabetical): Democratic 23 · Democratic/Working Families 1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. August 7, 2025Chapter 503, (2025 Laws): Effective date July 17, 2025.
2. July 18, 2025Governor signed.
3. June 26, 2025President signed.
4. June 26, 2025Speaker signed.
5. June 25, 2025Rules suspended. Third reading. Carried by Gorsek. Passed.
6. June 24, 2025Second reading.
7. June 24, 2025Recommendation: Do pass the B-Eng. bill.
8. June 23, 2025Referred to Ways and Means.
9. June 23, 2025First reading. Referred to President's desk.
10. June 23, 2025Third reading. Carried by Sosa. Passed.
11. June 20, 2025Second reading.
12. June 19, 2025Recommendation: Do pass with amendments and be printed B-Engrossed.

Showing 12 most recent of 27 actions. Full history