The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
009
:
RELATED LAWS
(Cite as: 24 App. V.S.A. ch. 3, § 438)
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§ 438. Same—regulation
(a) The Public Utility Commission shall exercise its regulatory powers in such a manner
as to permit the City to fulfill all of its obligations, including its obligations
to the holders of the bonds issued hereunder.
(b) The Public Utility Commission shall not be empowered to suspend the effective date
of any change in the rates and charges of the City’s electric plant pending final
determination as to the justness or reasonableness of such change, but the Commission
may require that the City undertake to refund rates and charges collected in excess
of those that are finally determined just and reasonable. Any increase in the rates
and charges of the City’s electric plant shall be implemented by means of an identical
percentage increase to each class or division of electric plant ratepayers under rate
design tariffs previously approved by the Public Utility Commission until such time
as the Public Utility Commission shall specifically approve an alteration in such
rate design and corresponding tariffs.
(c)(1) If the City exercises its authority under subdivision 431(4) or section 449 of this
charter, the Public Utility Commission, in considering any application for a certificate
of public good, shall ensure that any and all losses from these businesses, and, in
the event these businesses are abandoned or curtailed, any and all costs associated
with investment in cable television, fiber optic, and telecommunications network and
telecommunications business-related facilities, are borne by the investors in such
business, and in no event are borne by the City’s taxpayers, the State of Vermont,
or are recovered in rates from electric ratepayers.
(2) Any certificate of public good issued shall contain terms or conditions that are consistent
with both the statutory requirements of 30 V.S.A. chapter 13 and the establishment
of competitive neutrality between incumbents and new entrants, after the evaluation
of factors that include the payment of pole attachment rental fees, and the provision
of public access channels, equipment, and facilities.