Statutes, codes, and regulations
Kentucky Revised Statutes
Title 24 - PUBLIC UTILITIESChapter 278 - PUBLIC SERVICE COMMISSION
PUBLIC UTILITIES GENERALLY
Section 278.272 - Consideration of natural gas purchasing transactions in determining just and reasonable rates - Limitation of authorized rate of return for natural gas operations

Ky. Rev. Stat. § 278.272

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Current through 2024 Ky. Acts ch.225
Section 278.272 - Consideration of natural gas purchasing transactions in determining just and reasonable rates - Limitation of authorized rate of return for natural gas operations

In determining just and reasonable rates, the commission shall investigate and review natural gas purchasing transactions of a utility, whose rates for retail sales of natural gas are regulated by the commission, from an affiliate. The commission shall limit the authorized rate of return of the utility for its natural gas operations to a level which, when considered with the level of profit or return the affiliate earns on natural gas transactions to such utility, is just and reasonable.

KRS 278.272

Effective:7/13/1984
Created 1984 Ky. Acts ch. 38, sec. 1, effective7/13/1984.