SB605: Requiring certain public or private entities that own, lease, or oversee water or electric supply utility to implement utility continuity rate credit program

Legislative Summary

The purpose of this bill is to require any public or private entity that owns, leases, or oversees a water supply or electrical supply utility to implement a Utility Continuity Rate Credit Program. The bill sets forth definitions. The bill sets forth the circumstances under which a utility customer is entitled to a continuity credit. The bill sets forth the circumstances in which a utility provider may deny or must approve of a continuity credit. The bill determines the maximum amounts and manner in which a continuity credit shall be applied to a customer's account. Finally, the bill requires municipalities, counties, and the Public Service Commission to adopt rules and policies.