The term >>just and reasonable== as used in this Article is defined as that rate, charge or assessment cost which enables the public utility to repay its debts, finance its obligations, finance its capital improvement needs and cover all its operating expenses. This Section shall have no application to Article 2 of this Chapter. SOURCE: Added by P.L. 17-074 (Oct. 26, 1984). Repealed and reenacted by P.L. 27-110:9 (Nov. 1, 2004).
Just and Reasonable Defined
12 GCA § 12118, under Public Utilities Commission and the Guam Telecommunications Act of 2004.
12 GCA § 12118