Proposed legislation would regulate power bills

Medford, Ore. — Two southern Oregon lawmakers want to help you with your power bill. They’ve introduced a new law, regulating how much companies can charge.

Senate Bill 1552, also known as the electricity Ratepayer Protection Act, would limit increases in fees in electric bills. The bill was proposed by southern Oregon republican senators Dennis Linthicum and Herman Baertschiger Jr.

The bill says it would cap public electricity providers’ rate of return at 4.5%.

NBC5 News reached out to Pacific Power to see what it thinks of the bill, but haven’t heard back. There’s no word how much this could end up saving you.

The bill is scheduled for its first reading on Feb. 5.

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