Kansas Statutes 66-128r. Depreciation fixed for electric utilities possessing a federal license to operate a nuclear generation facility
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Terms Used In Kansas Statutes 66-128r
- Commission: means the state corporation commission. See Kansas Statutes 66-101a
- Electric utility: means every public utility, as defined by Kan. See Kansas Statutes 66-128l
- Nuclear generation facility: means any physical plant utilizing nuclear energy as the primary fuel for the production or generation of electricity or electric power. See Kansas Statutes 66-1,158
An electric utility which receives on and after July 1, 2008, a license to operate a nuclear generation facility from the United States nuclear regulatory commission shall be allowed to use a book depreciable remaining life of not more than the amount of time remaining on the United States nuclear regulatory commission operating license of such facility.