54-24-202. Cost recovery for wildland fire protection plan implementation.
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/ut/title-54/chapter-24/54-24-202A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/12/2020
54-24-202. Cost recovery for wildland fire protection plan implementation.
(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.
(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:
(a)to implement an approved wildland fire protection plan; and
(b)not included in base rates.
Enacted by Chapter 162 , 2020 General Session