South CarolinaS 0446126th General Assembly (2025-2026)Senate

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS SO AS TO ENACT THE "ELECTRIC RATE STABILIZATION ACT"; AND BY ADDING ARTICLE 24 TO CHAPTER 27, TITLE 58, SO AS TO ALLOW ELECTRIC UTILITIES TO REQUEST THE PUBLIC SERVICE COMMISSION TO ADJUST THEIR RATES ANNUALLY, ADJUST UTILITY RATES, ESTABLISH THE BASELINE RATE ORDER AND REQUIREMENTS FOR ADJUSTMENTS IN RATES, PROVIDE PROTECTIONS FOR CUSTOMERS, AND AUTHORIZE AN ADDITIONAL ELECTRIC UTILITY POSITION FOR THE OFFICE OF REGULATORY STAFF.

Sponsored By: Tom Young, Jr. (Republican)

In Committee

Summary

Electric Rate Stabilization Act

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Tom Young, Jr.

    Republican • Senate

Cosponsors

  • Jason Elliott

    Republican • Senate

  • Jeff Zell

    Republican • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Committee report: Favorable with amendment Judiciary

    3/26/2025Senate
  2. Referred to Committee on Judiciary

    3/12/2025Senate
  3. Introduced and read first time

    3/12/2025Senate

Bill Text

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