I strongly support the passage of House Bill No. 1588. This legislation provides crucial consumer protections by limiting the frequency and timing of public utility rate increases.
Frequent and unpredictable utility rate hikes place a significant burden on Virginia households and businesses. By restricting the number of increases within a year and prohibiting them during the winter months, this bill offers much-needed relief and predictability for Virginians.
I urge the General Assembly to swiftly pass HB1588 and ensure that we are protected from excessive and untimely utility rate increases.
I strongly support the passage of House Bill No. 1588. This legislation provides crucial consumer protections by limiting the frequency and timing of public utility rate increases. Frequent and unpredictable utility rate hikes place a significant burden on Virginia households and businesses. By restricting the number of increases within a year and prohibiting them during the winter months, this bill offers much-needed relief and predictability for Virginians. I urge the General Assembly to swiftly pass HB1588 and ensure that we are protected from excessive and untimely utility rate increases.