OR HB3159

Prohibits the Public Utility Commission from approving public utility rate increases exceeding the annual Consumer Price Index for All Urban Consumers, West Region (All Items)

Caps total rate increases per calendar year, including cumulative increases from multiple approved rate changes

Requires the commission to publish the maximum allowable percentage increase for the following calendar year by September 30 each year

Adds new provisions to ORS chapter 757 governing public utility regulation