Prohibits public utilities from passing along the cost of site investigation and remediation efforts on to rate payers; requires each public utility with more than seventy-five thousand customers to submit to the public service commission an annual report containing a description of any expenses that may not be included or incorporated in the public utility's operating expenses.

This bill stops public utilities from charging customers for the costs related to investigating and cleaning up contaminated sites. It also requires larger public utilities to report annually to the public service commission about any expenses that they cannot include in their regular operating costs.

Supporters of the bill argue that it protects consumers from unfair charges related to environmental cleanup efforts, ensuring that the financial burden does not fall on rate payers. They believe it promotes accountability and transparency among public utilities, which is essential for maintaining trust in essential services.

Critics of the bill may argue that it could lead to increased costs for public utilities, potentially affecting their ability to provide reliable services. They might also contend that the bill could discourage necessary investments in environmental remediation, ultimately harming public health and safety.