Bill Summary for H 752 (2017-2018)

Summary date: 

Apr 11 2017

Bill Information:

View NCGA Bill Details2017-2018 Session
House Bill 752 (Public) Filed Tuesday, April 11, 2017
AN ACT PROVIDING THAT THE UTILITIES COMMISSION MAY ADOPT, IMPLEMENT, MODIFY, OR ELIMINATE A RATE ADJUSTMENT MECHANISM FOR WATER OR WASTEWATER PUBLIC UTILITIES TO TRACK AND TRUE-UP VARIATIONS IN AVERAGE PER CUSTOMER USAGE FROM LEVELS APPROVED IN THE GENERAL RATE CASE PROCEEDING.
Intro. by Arp.

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Bill summary

Enacts new GS 62-133.12A. Authorizes the Utilities Commission to adopt, implement, modify, or eliminate a rate adjustment mechanism for one or more of a water or wastewater utility's rate schedules to track and true-up variations in average per customer usage from levels approved in a general rate proceeding. Adoption requires a finding by the Commission that the mechanism is appropriate for that purpose, and that the mechanism is in the public interest.

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