SB 315

This bill exempts water public utilities from needing a certificate of authority

issued by the Public Service Commission before beginning certain projects related

to installing or replacing customer meters. Specifically, under the bill, a water public

utility or a combined water and sewer public utility does not need to obtain a

certificate of authority from PSC before beginning a project to install or replace

meters that measure service to customers if the estimated average annual cost of the

project is not more than $250,000 or 25 percent of the utility's operating revenues in

the year before the project is started, whichever is less. Current law generally

requires utilities to obtain a certificate of authority from PSC before engaging in

certain construction, installation, or improvement projects.