Policy Adoption
Executive actions and legislation advancing utility ROE reform
Executive Action · June 2026
Governor Meyer Calls for Resetting Delmarva's Profit Model
Delaware Governor Matt Meyer called on the Public Service Commission to reset Delmarva's profit model, explicitly asking it to consider whether a competitive determination is more appropriate than the utility's current guaranteed return of nearly 10%.
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Executive Action · April 2026
Governor Shapiro Letter to Pennsylvania Utility CEOs
Pennsylvania Governor Josh Shapiro sent a letter directly to the state's utility CEOs calling the regulated utility system "broken" and demanding a stop to excessive rate increases.
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State Legislation
Active · 2025–2026 Legislative Session
New York — Assembly Bill A11197 / Senate Bill S10424
The Fair Authorized Investment Returns Act — introduces competitive auctions to set utility equity returns, replacing the current regulatory estimation process and reducing excess costs borne by ratepayers.
Active · 2025–2026 Legislative Session
Pennsylvania — House Bill 2224
Introduces competitive auctions to set utility equity returns, replacing the current regulatory estimation process and reducing excess costs borne by ratepayers. Introduced with 19 co-sponsors.
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