The Protecting Ratepayers Act is a legislative framework designed to prevent utility companies from passing excessive cost overruns directly onto consumers. It establishes stricter oversight for large-scale energy projects, ensuring financial accountability and transparency. Used by state regulators, it shields households and businesses from unfair rate hikes, particularly during infrastructure upgrades. Ultimately, this act benefits everyday ratepayers, promoting affordable, reliable energy while safeguarding against corporate mismanagement.
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