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SB 384 - Currently, the Public Service Commission assesses public utilities in an amount equal to both an amount directly attributable to such utility's regulation, and an amount not directly attributable to such utility's regulation but based upon the utility group's gross operating revenues. Under this act, if any group is allocated an amount of indirectly attributable expenses in excess of 1.25 times its directly attributable expenses, such excess amount shall be reallocated to other groups that have not exceeded this limit. If any assessed amount differs from the amount included in rates, the utility shall be permitted to defer such difference for either recovery or refund in their next general rate proceeding. KAYLA HAHN
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