Current through the 2024 Third Special Session
Section 54-4-4.1 - Rules to govern rates(1) The commission may, by rule or order, adopt any method of rate regulation that is: (a) consistent with this title;(b) in the public interest; and(2) In accordance with Subsection (1), a method of rate regulation may include:(a) rate designs utilizing:(i) volumetric rate components;(ii) demand rate components;(iii) fixed rate components; and(iv) variable rate components;(b) rate stabilization methods;(d) incentive-based mechanisms; and(e) other components, methods, or mechanisms approved by the commission.Amended by Chapter 319, 2009 General Session.