66-128b. Deferral and phase-in of value of certain utility property; exclusion of finance costs, when. The commission may require a public utility to defer inclusion of all or any portion of the reasonable value of property determined not currently used and required to be used and may require the phase-in of such value over any period of time and in such increments as it determines to be appropriate. If the commission requires a public utility to defer the inclusion of any portion of such reasonable value and orders a phase-in of such value, it may exclude any or all of the carrying or finance costs incurred after the date of its determination and throughout the period of any deferral or phase-in as so ordered.
History: L. 1984, ch. 247, ยง 3; April 19.
Law Review and Bar Journal References:
"Allocating the Cost of Constructing Excess Capacity: Who Will Have to Pay for It All?" Robert L. Glicksman, 33 K.L.R. 429, 446, 453 (1985).
"An Economic Perspective of Rate Suppression Legislation," Douglas A. Houston, Gary R. Albrecht, Anthony L. Redwood, 33 K.L.R. 459, 460 (1985).
"Wolf Creek and The Rate-Making Process," Brian J. Moline, 33 K.L.R. 509, 514 (1985).
Attorney General's Opinions:
Public utilities; rate making; legislative discretion. 94-76.
CASE ANNOTATIONS
1. Cited; power and authority of KCC to fix public utility rates analyzed in re Wolf Creek nuclear facility. Kansas Gas & Electric Co. v. Kansas Corporation Comm'n, 239 Kan. 483, 492, 720 P.2d 1063 (1986).
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