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Rate increase … retroactive effect?
Publication year - 1980
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1980.tb04606.x
Subject(s) - supreme court , economics , actuarial science , law , political science
May a public utility board give retroactive effect to an approved increase in a water utility's rate? The New Jersey Supreme Court ruled that regardless of the presence of even unreasonable “regulatory lag,” a newly filed tariff may not be given retroactive effect except for the purpose of requiring a refund of any excess income to affected customers.