Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can a regulated water company purchase a non-regulated water company?

0
Posted

Can a regulated water company purchase a non-regulated water company?

0

Yes. The Commission does not have jurisdiction over a regulated company purchasing a non-regulated company. After a regulated water company buys a non-regulated water system, the regulated company must continue to charge the current rates that the non-regulated customers paid, unless the company obtains Commission approval to charge a different rate.

Related Questions

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.