Requires the public service commission to develop a formula for calculating a residential water cost index and mandates reporting by water-works.

The bill mandates the public service commission to create a formula for calculating a residential water cost index, which includes uniform factors like usage, fees, taxes, meter size, and seasonal rates. Water-works corporations and municipal water systems serving at least one thousand customers must calculate and submit their residential water cost index to the commission. The commission is required to publish an annual report comparing these indices across the state, including comparisons based on regions, provider type, and size.

Requires the public service commission to develop a formula for calculating a residential water cost index and mandates reporting by water-works.

The bill mandates the public service commission to create a formula for calculating a residential water cost index, which includes uniform factors like usage, fees, taxes, meter size, and seasonal rates. Water-works corporations and municipal water systems serving at least one thousand customers must calculate and submit their residential water cost index to the commission. The commission is required to publish an annual report comparing these indices across the state, including comparisons based on regions, provider type, and size.