§ 39-15.1-1. Purposes. The purposes of this chapter are to: (1) Augment current principles for setting the rates of public utilities that are water suppliers that are subject to commission rate regulation in a manner that facilitates: (i) Managing demand, especially seasonal demand; (ii) Investing in infrastructure repair and replacement; (iii) Recovering the full costs, […]
§ 39-15.1-2. Definitions. For the purposes of this chapter, the following definitions shall apply: (1) “Agricultural” shall mean commercial agricultural producers as defined in § 46-15.3-4(2). (2) “Commission” shall mean the public utilities commission established by chapter 1 of this title, with all powers set forth in chapter 1 of this title, including, but not […]
§ 39-15.1-3. Rates. (a) Adequacy. The rates of water suppliers subject to commission rate regulation shall be responsible and adequate to pay for all costs associated with water supply, including, but not limited to, the costs of: (1) Acquisition, treatment, transmission, distribution, and availability of water; (2) System administration and overhead, including the prudent cost […]
§ 39-15.1-4. Optional multiyear rate plans. (a) Water suppliers may, at their discretion, file with the commission a rate plan for a period not to exceed six (6) years, which rate plans shall set forth proposed rates: (1) That are adequate, as described in § 39-15.1-3(a), to pay for all reasonable costs of service associated […]
