Among other things, Rule 25-6.0426 limits an investor-owned electric utility’s recoverable economic development expenses to the greater of: (a) the amount approved in the utility’s last rate case escalated for customer growth; or (b) 95 percent of the expenses incurred for the reporting period not to exceed the lesser of 0.15 percent of gross annual revenues or $3 million. Rule 25-6.0426 would be amended to increase an investor-owned electric utility’s recoverable economic development expenses on a phased basis through 2023 and to counter the effects of inflation since the cap was originally set. Docket No. 20180143-EI