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(A) (1) Unless preempted by federal law, all rates and charges for basic service shall be subject to regulation by the city in accordance with the provisions of Neb. RS Ch. 18, Art. 22.
(2) In the absence of any city action taken to exercise rate regulation, the licensee shall be subject to the rate regulation provisions provided herein.
(B) Rates and charges charged by the licensee for monthly services and installation and all other charges hereunder shall be uniform, fair and reasonable and designed to meet all necessary costs of service, including a fair rate of return.
(2005 Code, § 13-603)