Current through the 2023 Regular Session
Section 69-3-1206 - Rate treatment(1) The commission may include in a public utility's rates: (a) the cost of resources acquired in accordance with a plan;(b) demand-side management programs established and implemented in accordance with 69-3-1209;(c) the cost-effective expenditures for improving the efficiency with which the public utility provides and its customers use utility services;(d) the costs of complying with the planning requirements of this part; and(e) the costs of complying with a competitive solicitation process conducted in accordance with 69-3-1207.(2) The commission may adopt rules establishing criteria governing the extent of recovery of abandonment costs.(3) The commission may not approve a bonus or adder in the cost of a new resource acquired after April 28, 2021, to provide additional compensation for costs such as environmental externalities unless the bonus or adder is necessary to compensate for a real and actual cost required by existing regulation or existing law.Amended by Laws 2021, Ch. 300,Sec. 2, eff. 4/30/2021, and not applicable to applications pending before the commission on or before 4/30/2021.Amended by Laws 2019, Ch. 449,Sec. 14, eff. 7/1/2020.En. Sec. 6, Ch. 157, L. 1993.