Current through the 2023 Regular Session
Section 69-3-331 - Cost tracking and recovery(1) If the commission approves a cost-tracking adjustment for electricity supply costs for a public utility regulated in accordance with chapter 8 or under this chapter, the cost-tracking adjustment must provide for: (a) 90% customer and 10% shareholder sharing of costs, if cost sharing is required; and(b) full recovery of costs incurred by a public utility as a result of qualifying small power production facility purchase requirements established in Title 69, chapter 3, part 6.(2) A cost-tracking adjustment may not include a deadband.(3) For the purposes of this section, "deadband" means a level of cost recovery variance, including levels of underrecoveries and overrecoveries to be borne by the public utility.Amended by Laws 2021, Ch. 54,Sec. 1, eff. 3/9/2021.Added by Laws 2019, Ch. 316,Sec. 1, eff. 5/7/2019.