Section 1220-04-14-.05 - POST-ACQUISITION CAPITAL INVESTMENTS(1) Post-acquisition capital investments in property, plant and equipment attributable to the selling utility's system or service area shall be reasonable, prudent and used and useful in the provisioning of public utilities services if such investments are to be recovered from customers.(2) Post-acquisition capital investments shall be depreciated in accordance with the acquiring utility's most recently approved depreciation rates and methods unless otherwise ordered by the Commission.(3) The acquiring utility's return on post-acquisition capital investments shall be the rate of return approved by the Commission at the acquiring utility's most recent general rate case.Tenn. Comp. R. & Regs. 1220-04-14-.05
New rules filed August 10, 2021; effective 11/8/2021.Authority: T.C.A. §§ 65-2-102 and 65-5-101, et seq.