Municipally owned utilities can accept electronic payments and include transaction fees in their rate base.
Mississippi SB2060 amends the state code to allow municipally owned utilities to accept payments via credit card, debit card, or other electronic methods. The bill also permits these utilities to include any associated transaction fees within their cost of service rate base. This change aims to modernize payment options and ensure that the financial impact of electronic transactions is properly accounted for in utility rates.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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