SB 59 — Session Law

… mission may determine every fact, matter, or thing which, in its judgment, does or may have any bearing thereon. If a water utility is not, pursuant to § 122(3)c. of Title 16, under review concerning its water system’s ability to provide ade …

… have any bearing thereon. If a water utility is not, pursuant to § 122(3)c. of Title 16, under review concerning its water system’s ability to provide adequate service to its customers under its present certificates of public convenience an …

… blic convenience and necessity or subject to a review by the Commission of the appropriate rates to be charged by the water utility in light of the quality of service being provided to its customers, the Commission will include in the utilit …

… utility’s rates without imputation of revenues, all just and reasonable, and prudent costs which are incurred by the water utility, in the exercise of its good faith business judgment, in constructing facilities (including without limitatio …

… transmission facilities) to serve the needs of existing customers or of persons who are reasonably anticipated by the water utility to be its customers within 3 years from the date used by the Commission to recognize rate base in the rate pr …

… enerated by professional engineers or planners, governmental or regulatory agencies, officials or authorities, or the water utility itself, and which are not arbitrary and capricious. If the water utility does not, by the end of the 3-year p …

… ory agencies, officials or authorities, or the water utility itself, and which are not arbitrary and capricious. If the water utility does not, by the end of the 3-year period after the date used by the Commission to recognize rate base in the …

… l number of customers originally anticipated to be served by the facilities, the Commission may only then require the water utility to impute revenues and then only to the extent of the number of customers it originally anticipated to be ser …