1. (1) The Commission shall have the authority, after public notice and hearing, to fix post-acquisition rates and charges for acquired customers and existing customers.
2. (2) Post-acquisition rates and charges shall be just and reasonable.
3. (3) In fixing post-acquisition rates and charges, the Commission may in the exercise of its lawful discretion allocate the recovery of costs between the acquired customers and existing customers on a rational basis that may, among other things, consider the relative benefits, costs, and intrinsic value of service.
4. (4) The Commission may in the exercise of its lawful discretion require the phase-in of post- acquisition rates and charges over a reasonable period of time in circumstances when post- acquisition rates and charges are substantially higher than pre-acquisition rates and charges or in consideration of affordability concerns.

Authority: T.C.A. §§ 65-2-102 and 65-5-101, et seq. Administrative History: New rules filed August 10, 2021; effective November 8, 2021.