Requires a gas and electric corporation to disclose certain information with an application for a major rate change; requires information relating to dividends paid to shareholders, capital investments, and policy expenditures; requires each application to include a dividend forecast covering the requested rate period.

This bill requires gas and electric companies to provide detailed financial information when asking for major rate changes. This includes past spending on dividends, investments, and operating costs, as well as future dividend forecasts. If passed, this would give the Public Service Commission more information to evaluate rate increase requests and ensure companies are not overpaying shareholders at the expense of essential services.

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