The Public Utility Commission shall establish maximum and minimum water levels of Great Averill Pond, located in the towns of Averill and Norton, and Little Averill Pond, located in the town of Averill, and Norton Lake, located in the town of Norton and in Warren's Gore, at their outlets. The Commission may revise its findings from time to time either on its own motion or on petition of interested parties and, after opportunity for hearing, establish different water levels. When such levels are so established, the Commission shall certify its findings to the Secretary of State and cause the same to be recorded in the office of the town clerk of Norton.
30 V.S.A. § 404