39 Miss. Code. R. 1-17-104

Current through December 10, 2024

Section 39-1-17-104 - Excludable Cost

This section 104 shall only apply Wwhenever an electric utility purchases fuel for generation from a corporation or company which is owned in whole or in part by the electric utility or its parent company, and that was formed for the purpose of buying fuel for resale to affiliates. If this section applies, the following items of cost, heretofore properly included in fuel adjustment calculations, are ineligible after July 1, 1978, for inclusion in its fuel adjustment clause or rider, even though such items of cost may be included in the invoice price paid for such fuel:

1. Interest costs of financing fuel inventories.

2. Interest in investment and storage facilities.

3. Storage, operating and maintenance expenses (including depreciation; insurance; rentals; repairs and maintenance; and taxes).

4. Fuel handling expenses (loading and unloading) except as described in paragraph B(1) above.

5. Administrative and general: (Salaries; welfare; expenses of officers and employees; franchise tax; office overhead).

6. Miscellaneous expenses (including outside services; insurance on inventory; and other).

39 Miss. Code. R. 1-17-104