GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1995

H	1 

HOUSE BILL 932

Short Title:  No Normalization Charges.	(Public)

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Sponsors: Representatives Allred; Clary, Davis, Reynolds, and Sexton.

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Referred to:  Public Utilities.

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April 12, 1995

A BILL TO BE ENTITLED
AN ACT TO PROHIBIT THE AUTHORIZATION OF WEATHER NORMALIZATION CHARGES.
The General Assembly of North Carolina enacts:
Section. 1.  G.S. 62-133 is amended by adding a new subsection to read:
"( c1)	The Commission may not authorize utilities to adjust their rates based upon variations in the actual weather from the normalized weather in the test period which was used to establish rates in those utilities' last general rate case."
Sec. 2.  This act becomes effective July 1, 1995, and applies to rates charged on or after that date.