Electric Utility Rate Reform and Regulatory Improvement Act

[AI summary unavailable — showing source text] Electric Utility Rate Reform and Regulatory Improvement Act - Title I: General Provisions - Declares it the purpose of this Act to reform inequities in the structure of electric utility rates. Title II: Utility Rate Reform - Limits the applicability of this title to sales of electric energy for purposes other than resale by an electric utility, where sales by such utility for purposes other than resale exceed 200 million kilowatt-hours during the second preceding calendar year. Imposes national minimum standards on utility rate structures, to be enforced by State regulatory authorities. Prohibits rate structures which allow lower rates for increased consumption without a showing that such lower rates actually reflect decreased costs. Authorizes State regulatory agencies to eliminate price differentials for residential users of subsistence quantities of electricity. Requires that information regarding utility rate schedules be provided to electric consumers by utilities. Stipulates that promotional and advertising costs, with exceptions, may not be treated by a utility as an operating expense for purposes of rate determination. Requires evidentiary hearings by regulatory authorities…