Establishes procedures for system enhancement of infrastructure by water and wastewater utilities, including development of ratemaking principles for.
This bill establishes procedures for system enhancement of infrastructure by water and wastewater utilities. It includes the development of ratemaking principles permitted for the recovery costs of certain investments in infrastructure. The bill defines "system enhancement costs" and "system enhancement improvement." System enhancement costs include depreciation expenses, operation and maintenance expenses, restoration costs, and property taxes, but exclude fines and penalties.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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