(1) A qualified utility shall recover in rates all prudently incurred investments and expenditures, including the costs of capital, made to implement an approved wildland fire protection plan.

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Terms Used In Utah Code 54-24-202

  • Commission: means the Public Service Commission. See Utah Code 54-2-1
  • Qualified utility: means the same as that term is defined in Section 54-17-801. See Utah Code 54-24-102
  • Wildland fire protection plan: means a plan submitted to the commission or governing authority in accordance with the requirements of this chapter. See Utah Code 54-24-102
(2) A qualified utility shall file an annual report to the commission identifying the actual capital investments and expenses made in the prior calendar year and a forecast of the capital investments and expenses for the present year to implement a wildland fire protection plan approved by the commission under Section 54-24-201.
(3) The commission shall authorize the deferral and collection of the incremental revenue requirement for the capital investments and expenses:

     (3)(a) to implement an approved wildland fire protection plan; and
     (3)(b) not included in base rates.