Caps certain public utility profit margins at four percent

This bill limits profit margins for public gas and electric utilities to 4% annually. It directly affects public utility companies (including municipal systems) that provide gas and electric services. The law defines "profit margin" as the return on equity (profit relative to their investment), capping it at 4% each year. The bill requires utilities to adjust rates to meet this cap, effective January 1st after enactment. It does not change existing service standards or customer rates directly, only the allowable profit level for these utilities.