Utility Infrastructure Upgrades and Rate Case Reform in Pennsylvania

proposed

Pennsylvania Governor Josh Shapiro proposes a new regulatory approach for utilities involving cost-benefit analysis of infrastructure upgrades, increased use of low-cost debt, and a competitive transparent process for approving rate increases. The goal is to rein in corporate profits and prioritize community needs over utility profits. The reforms target investor-owned electric, gas, and water utilities in Pennsylvania, focusing on infrastructure investments such as poles, pipelines, wires, and substations to ensure safety and reliability while controlling costs.