§ 39-3-38.1 - Rate adjustments – Purchase and sale of water between regulated water supply boards. - Rhode Island Statutes

SECTION 39-3-38.1

   § 39-3-38.1  Rate adjustments –Purchase and sale of water between regulated water supply boards. – Regulated water supply boards which purchase wholesale water from anotherregulated water supply board may impose a retail rate increase provided thepublic utilities commission has approved the wholesale rate increase. The totalamount of the retail rate so imposed shall not exceed the amount of thewholesale rate increase. The proposed retail rate increase to be applied by thewholesale purchaser shall be submitted no less than thirty (30) days prior toits effective date to the public utilities commission for its review andapproval.