{"data":{"id":"us-gu/12-gca-12118","jurisdiction":"us-gu","citation":"12 GCA § 12118","heading":"Just and Reasonable Defined.","body":"The term \u003e\u003ejust 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.","path":["Title 12: Autonomous Agencies","Division 1 - Autonomous Agencies","Chapter 12: Public Utilities Commission and the Guam Telecommunications Act of 2004","ARTICLE 1: PUBLIC UTILITIES COMMISSION"],"source_url":"https://col.guamcourts.gov/sites/default/files/12gc012.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:23:18Z","sha256":"6c8c53c0a7050ed8f72ff2c5efab00747f50f3725a54ff5b8fa780a8e9d6263f","source_id":"us-gu","stale":false,"prev":"us-gu/12-gca-12117.1","next":"us-gu/12-gca-12119"},"notice":"GroundRules: Original legal text. Not legal advice."}