OMA Takes Aim at Latest Ratemaking Bill

The OMA this week testified against Senate Bill 102. Similar to legislation offered in the previous General Assembly, SB 102 would overhaul the state’s ratemaking landscape, but would reduce customer protections and continue to permit excessive charges.

Kim Bojko, the OMA’s energy counsel, told the Senate Energy and Public Utilities Committee that SB102 would continue above-market charges, awarding the electric utilities with excessive profits between rate cases. It would also “upend the traditional ratemaking process for all regulated utilities — not just electric utilities,” Bojko said.

Watch or read the OMA’s testimony. 6/20/2023