H356 - North Carolina Utilities Commission Regulatory Fee Changes (SL 2015-134)

Overview: S.L. 2015-134 increases the amount of funding reserves the Utilities Commission and the Public Staff may maintain, sets the utility regulatory fee in statute, partially increases the fee for the 2015 fiscal year, and authorizes the Commission to raise and lower the fee based on operating expenses.

The provision of this act related to the increase in the reserve became effective June 30, 2015. Setting the rate for the utility regulatory fee in statute, increasing the fee for noncompetitive jurisdictional revenues, and authorizing the Commission to raise or lower the fee based on operating expenses became effective July 1, 2015.