New York S02413 mandates the Public Service Commission to hire an independent auditor for private water utility companies before and after rate.
New York S02413 amends the public service law to require the Public Service Commission to retain an independent auditor for private water utility companies. The auditor must conduct an audit before any rate changes are approved and another audit one year after the changes take effect. The commission must publish the results of all audits on its website. The independent auditor must not be affiliated with the commission or any member of the Public Service Commission.
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