§ 4-102. Commission power to regulate rates

Latest version.

   (a) Scope of section. -- This section does not apply to small rural electric cooperatives.

(b) Power. -- The Commission shall have the power to set a just and reasonable rate of a public service company, as a maximum rate, minimum rate, or both.

(c) Order. --

   (1) The Commission shall issue an order, including the rate set under subsection (b) of this section.

   (2) The Commission shall serve the order on each affected public service company.

HISTORY: An. Code 1957, art. 78, § 68(a); 1998, ch. 8, § 2; ch. 653.

                    
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