Rate cases

Rate cases refer to proceedings where utility companies, such as electricity or water providers, seek approval from regulatory bodies to change the rates they charge customers. These changes can follow increased costs of service, infrastructure improvements, or investments needed for reliability and safety. During a rate case, both the utility and affected stakeholders, like consumer advocates, present evidence regarding the proposed rates. Regulators then evaluate this information to ensure the rates are fair, reasonable, and necessary before granting approval. The outcome affects how much customers pay for essential services.