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2017 SESSION

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HB 2358 Water utilities; suspension of proposed rate increases.

Introduced by: Margaret B. Ransone | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Water utilities; temporary and interim rate increases. Extends the maximum period that the State Corporation Commission is authorized to suspend the implementation of a proposed rate increase rates from 150 to 180 days. The measure applies only to certain investor-owned water utilities.

SUMMARY AS INTRODUCED:

Water utilities; temporary and interim rate increases. Bars an investor-owned water utility from changing its rates on an interim or temporary basis pending completion of a proceeding in which the utility is seeking a rate increase. The measure prohibits a change in the scheduled rates of such a water utility unless and until approved by the State Corporation Commission.