Protecting Consumers: Pipelines Must Prove Rate Hikes Are Fair and Justified.
This law aims to shield citizens from unjustified increases in natural gas transportation costs. It mandates that pipeline companies must prove any proposed rate change is fair and reasonable, shifting the burden of proof away from consumers. If rates are found excessive, consumers are guaranteed refunds, including interest, for the overpaid amounts.
Key points
Natural gas companies must now prove that any proposed rate increase is "just and reasonable" (shifting the burden of proof).
Consumers are entitled to refunds, with interest, for any rates found unjustified, potentially dating back up to 150 days from the start of the proceeding.
The regulatory body (FERC) must prioritize rate hearings and explain any delays exceeding 180 days.
Status:
Expired
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