Utility Profit Oversight Act

Where it is in the process

Plain-English Summary

This bill requires the North Carolina General Assembly to approve any proposed rate increases by electric utilities that would raise their authorized rate of return on equity. If a utility proposes such a rate increase, the Utilities Commission must suspend it until the General Assembly ratifies it. The bill also mandates a study on the cost of equity capital for electric utilities, to be completed by January 2027.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes

Sponsorship · 9 Sponsors

Democrat9Republican0Independent0Other0

D · PrimeDeAndrea Salvador
D · PrimeMichael Garrett
D · PrimeLisa Grafstein
D · CoGale Adcock
D · CoVal Applewhite
D · CoSydney Batch
D · CoJonah Garson
D · CoMujtaba Mohammed
D · CoKandie Smith

Read full bill text →↓ Why am I seeing this?

Want updates?

Get notified when NC S1045 moves stage

Pick a channel below. Every option is opt-in, and we tell you exactly what we store.

Email

Identified

We store your email address and the bill ID. We'll send a confirmation link first; alerts only start after you click it. Every email has a one-click unsubscribe.

Coming soon

RSS feed· Atom 1.0 + JSON Feed per bill
Bluesky· follow a CivicRadar bot post per status change
Telegram· channel or DM via bot
Discord· channel webhook
WhatsApp· via WhatsApp Business
SMS· via Twilio