Speaking of the Ratepayer Protection act, how important is for Congress to consider measures like that legislation which [The Ratepayer Protection Act] would require large companies to cover the full incremental costs of the upgrades needed to serve them and to provide financial assurances up front. Chairman Peeler. Yeah, Chairman Meyer. Sorry. I think that the states honestly are already doing it and we're well down the path of going. Of doing that. (01:08–01:18)
CLAIM
Asserts that the Ratepayer Protection Act requires large companies to cover upgrade costs and provide financial assurances.
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