Pa. House hearing on tap over variable rate contracts
The state House Consumer Affairs Committee will hold a hearing next week in Harrisburg to discuss rising electric bills for those enrolled in variable-rate contracts.
The hearing is slated for 9:15 a.m. March 20 in Room 140 of the main Capitol building.
Several legislative proposals are circulating to expedite the process of switching power suppliers to help mitigate rate shock. The commonwealth has received thousands of complaints statewide about skyrocketing electric rates, officials said.
One proposed bill would place a cap on the amount by which a rate may change under a variable-rate contract, prohibit cancellation and early termination fees for variable rate contracts and require the posting of current and historic rates on the PA Power Switch website.
The committee hearing will be streamed live by House Republicans.