Public Utilities Commission Deregulate Nonprofit Water Utilities
Water utilities - simplified regulatory treatment - nonprofit entities - authority of public utilities commission. Under current law, the public utilities commission is directed to grant simplified regulatory treatment to water companies that serve fewer than 1,500 customers. The act expands on this concept by deregulating water companies that are registered as nonprofits, so long as their rates, charges, and terms and conditions of service are just and reasonable. The commission retains the right to entertain a complaint of unjust or unreasonable rates or practices, and to take remedial action, if the complaint is authorized by specified public officials or other persons.
(Note: This summary applies to this bill as enacted.)