Sec. 16-262r. Satellite management of water companies. Expedited rate proceedings.
Sec. 16-262r. Satellite management of water companies. Expedited rate proceedings. (a) As used in this section:
(1) "Provider water company" means a water company, as defined in section 16-1, which provides satellite management services.
(2) "Recipient water company" means a water company, as defined in section 25-32a, which receives satellite management services.
(3) "Satellite management services" includes any of the following services relating
to public water systems: Operation, maintenance, administration, emergency and scheduled repairs, monitoring and reporting, billing, operator training and the purchase of
supplies and equipment.
(b) A provider water company may provide satellite management services to a recipient water company.
(c) In any proceeding pursuant to section 16-19 on a rate amendment proposed by
a provider water company, the Department of Public Utility Control shall review any
revenue derived and expenses incurred from satellite management services provided
by the provider water company, and the department, if it deems appropriate, may deem
such revenue and expenses to be excluded for purposes of rate-making under said section
16-19.
(d) The department, if it deems appropriate, may equalize the rates charged to customers by a provider water company and a recipient water company having fifty or more
consumers, which are participating in a satellite management services arrangement. The
department may phase in such equalization over a period of time.
(e) Notwithstanding any provision of subdivision (4) of subsection (a) of section
16-19e, the department, if it deems appropriate, may award a premium rate of return to
a provider water company, in accordance with the provisions of subdivisions (1), (2),
(3) and (5) of subsection (a) of section 16-19e, on any water system which the company
voluntarily acquires or acquires pursuant to an order issued under section 16-262o.
(P.A. 85-259, S. 1.)
Subsec. (d):
Cited. 219 C. 121.