Section 2714.5 Of Chapter 2. Water Companies From California Public Utilities Code >> Division 1. >> Part 2. >> Chapter 2.
2714.5
. The commission shall, by June 30, 2008, prepare and submit
to the Legislature, a report that describes the progress achieved
toward implementing the policy objectives of the commission's Water
Action Plan, adopted December 15, 2005, which includes all of the
following:
(a) The progress achieved toward development and implementation of
a ratemaking mechanism and rate design that will encourage water
conservation and efficient water use.
(b) The progress achieved toward development and implementation of
rates that remove the financial disincentive for water corporations
to conserve water that exists in the current rate structure, while
preserving continued revenue stability for water corporations as new
rate structures are implemented.
(c) The impacts of water conservation and efficiency programs on
future water, energy, and wastewater treatment costs to customers of
water corporations.