Utah Code 54-24-202. Cost recovery for wildland fire protection plan implementation
Current as of: 2024 | Check for updates
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(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.
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.