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2018 Rhode Island General Laws
Title 39 - Public Utilities and Carriers
Chapter 39-15.1 Water Suppliers Subject to Commission Rate Regulation
Section 39-15.1-1 Purposes.
Universal Citation: RI Gen L § 39-15.1-1 (2018)
§ 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, including capital and operational, of water systems through water system revenues; and
(iv) Establishing operating capital and debt service of sufficient size; and
(2) Provide an optional system for multi-year water rates that are adjustable in accordance with an approved rate plan.
History of Section.
(P.L. 2009, ch. 288, § 1; P.L. 2009, ch. 341, § 1.)
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