Limits water and wastewater rate increases for residential customers in Pennsylvania to the Consumer Price Index.

Pennsylvania HB2140 amends Title 66 of the Pennsylvania Consolidated Statutes to limit the rate increases for residential customers of water and wastewater public utilities. The Public Utility Commission cannot approve a rate increase that exceeds the Consumer Price Index for the northeast region. The bill also mandates that the commission prioritize affordability over capital cost recovery when reviewing rate increases. After utilities complete cost recovery for infrastructure upgrades, they must file a tariff to remove those costs from rates.

Limits water and wastewater rate increases for residential customers in Pennsylvania to the Consumer Price Index.

Pennsylvania HB2140 amends Title 66 of the Pennsylvania Consolidated Statutes to limit the rate increases for residential customers of water and wastewater public utilities. The Public Utility Commission cannot approve a rate increase that exceeds the Consumer Price Index for the northeast region. The bill also mandates that the commission prioritize affordability over capital cost recovery when reviewing rate increases. After utilities complete cost recovery for infrastructure upgrades, they must file a tariff to remove those costs from rates.