49-34A-6. Rates to be reasonable and just--Regulation by commission.Every rate made, demanded or received by any public utility shall be just and reasonable. Every unjust or unreasonable rate shall be prohibited. The Public Utilities Commission is hereby authorized, empowered and directed to regulate all rates, fees and charges for the public utility service of all public utilities, including penalty for late payments, to the end that the public shall pay only just and reasonable rates for service rendered. Source: SL 1975, ch 283, §16.
South Dakota Legal Code