54-26-602. Accounting requirements -- Service standards.
383 words·~2 min read·
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Effective 5/7/2025
54-26-602. Accounting requirements -- Service standards.
(1)A large-scale generation provider shall:
(a)maintain separate accounting records for all investments, revenues, and expenses associated with large-scale service requests using generally accepted accounting principles;
(b)take reasonable measures to ensure costs are properly allocated between large load service and other customers;
(c)provide all contracted energy services without reliance on any qualified electric utility, cooperative utility, municipal utility, or other utility except as provided under a large load contract;
(d)meet all applicable North American Electric Reliability Corporation standards; and
(e)maintain reasonable commercial liability insurance as determined by contract or the commission.
(2)A qualified electric utility shall:
(a)maintain separate accounting records for all investments, revenues, and expenses associated with large-scale service requests using generally accepted accounting principles; and
(b)take reasonable measures to ensure costs are properly allocated between large load service and other operations.
(3)All revenues and large load incremental costs associated with a large-scale service request shall be excluded from any rate determinations by the commission.
(4)In connection with any rate case or other appropriate proceeding before the commission, a qualified electric utility shall provide:
(a)operational data identifying when and to what extent the incremental generation resources identified in a large load contract pursuant to Subsection 54-26-301(3)(f) were dispatched to serve large load customers;
(b)an identification of the timing, magnitude, and duration of:
(i)the qualified electric utility's dispatch of the resources described in Subsection (4)(a);
(ii)any periods in which large load customers' loads exceeded the dispatch of resources described in Subsection
(4)(a); and
(iii)any periods in which the dispatch of resources described in Subsection (4)(a) exceeded the large load customers' loads;
(c)the method by which costs for the provision of electric service from a qualified electric utility to a large load customer will be excluded from rates paid by retail customers; and
(d)any other information the commission requires to ensure that the costs associated with service to a large load customer are excluded from the rates paid for by retail customers.
(5)A qualified electric utility may not be required to publicly disclose specific revenue information from individual large load customers in any proceeding described in Subsection
(4).
Enacted by Chapter 318 , 2025 General Session