Lawmakers finalizing deal on electric rate relief
By the Associated Press
June 18, 2007, 3:41 PM CDT
THE ISSUE: State lawmakers have been debating for months how to help consumers deal with large electric-rate increases that kicked in earlier this year after a 10-year rate freeze.
WHAT'S HAPPENING: Lawmakers say they're close to a deal that would give consumers about $1 billion in relief over the next several years and provide protection from future large increases.
WHAT'S NEXT: Lawmakers return to continue negotiating and hope to have an agreement sometime this week.
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