Utilities

A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 58-3-141 SO AS TO PREVENT UTILITIES FROM RECOVERING CERTAIN NONALLOWED EXPENSES FROM RATEPAYERS, TO ALLOW THE COMMISSION TO EVALUATE UTILITY EXPENSES ON A CASE-BY-CASE BASIS, TO PROVIDE PENALTIES WHEN A PUBLIC UTILITY SUBMITS A NONALLOWED EXPENSE TO THE RATEPAYERS, AND TO REQUIRE A PUBLIC UTILITY TO PAY FOR THE COST OF AN AUDIT WHEN THE PUBLIC SERVICE COMMISSION DETERMINES THAT THE UTILITY SUBMITTED A NONALLOWED EXPENSE; AND BY ADDING SECTION 58-5-760 REQUIRING WATER AND SEWER UTILITIES TO SUBMIT LONG-TERM INFRASTRUCTURE IMPROVEMENT PLANS TO THE COMMISSION AND REQUIRING THE PUBLIC SERVICE COMMISSION TO REVIEW AND ACCEPT LONG-TERM INFRASTRUCTURE IMPROVEMENT PLANS.