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H3928Introduced in the House

Electric Rate Stabilization Act

IntroducedHouse Labor, Commerce and Industry

Introduced by William Herbkersman, District 118

What does this bill do?

Plain-English breakdown

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Official description

Amend The South Carolina Code Of Laws By Adding Article 24 To Chapter 27, Title 58 So As To Provide For A Procedure For The Adjustment Of Rates And Charges Of A Public Utility Providing Retail Electric Services To Reflect Changes In Expenses, Revenues, Investments, Depreciation, And Other Changes In Revenues And Expenses; To Provide Procedures For Interested Parties To Challenge These Adjustments; And To Provide For Related Procedural Matters Including A Provision To Authorize Additonal Staffing For The Office Of Regulatory Staff To Perform Its Duties Under This Article To Be Funded By Assessments On Each Electric Utility Regulated Under The Article.

Where it stands

Referred to Committee on Labor, Commerce and Industry

February 6, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. Introduced and read first time

  2. Referred to Committee on Labor, Commerce and Industry

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