2010 Pennsylvania Code
Title 66 - PUBLIC UTILITIES
Chapter 5 - Powers and Duties
508 - Power of the commission to vary, reform and revise contracts.

     § 508.  Power of commission to vary, reform and revise
                contracts.
        The commission shall have power and authority to vary,
     reform, or revise, upon a fair, reasonable, and equitable basis,
     any obligations, terms, or conditions of any contract heretofore
     or hereafter entered into between any public utility and any
     person, corporation, or municipal corporation, which embrace or
     concern a public right, benefit, privilege, duty, or franchise,
     or the grant thereof, or are otherwise affected or concerned
     with the public interest and the general well-being of this
     Commonwealth. Whenever the commission shall determine, after
     reasonable notice and hearing, upon its own motion or upon
     complaint, that any such obligations, terms, or conditions are
     unjust, unreasonable, inequitable, or otherwise contrary or
     adverse to the public interest and the general well-being of
     this Commonwealth, the commission shall determine and prescribe,
     by findings and order, the just, reasonable, and equitable
     obligations, terms, and conditions of such contract. Such
     contract, as modified by the order of the commission, shall
     become effective 30 days after service of such order upon the
     parties to such contract.

        Cross References.  Section 508 is referred to in section 2807
     of this title.