Whenever the commission finds upon investigation that any public service company is making payments to an affiliated interest, although the payments have been disallowed or disapproved by the commission in a proceeding involving the public service company’s rates or practices, the commission shall issue a summary order directing the public service company to not treat the payments as operating expenses or capital expenditures for rate or valuation purposes, unless and until the payments have received the approval of the commission.

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Terms Used In Washington Code 80.16.070

  • affiliated interest: means :
Washington Code 80.16.010
  • Commission: means the utilities and transportation commission. See Washington Code 80.04.010
  • public service company: shall include every corporation engaged in business as a public utility and subject to regulation as to rates and service by the utilities and transportation commission under the provisions of this title. See Washington Code 80.16.010