(1) The commission may include in a public utility's rates:
- (a) the cost of resources acquired in accordance with a plan;
- (b) demand-side management programs established and implemented in accordance with 69-3-1209;
- (c) the cost-effective expenditures for improving the efficiency with which the public utility provides and its customers use utility services;
- (d) the costs of complying with the planning requirements of this part; and
- (e) the costs of complying with a competitive solicitation process conducted in accordance with 69-3-1207.
- (2) The commission may adopt rules establishing criteria governing the extent of recovery of abandonment costs.
- (3) The commission may not approve a bonus or adder in the cost of a new resource acquired after April 28, 2021, to provide additional compensation for costs such as environmental externalities unless the bonus or adder is necessary to compensate for a real and actual cost required by existing regulation or existing law.
History: En. Sec. 6, Ch. 157, L. 1993; amd. Sec. 14, Ch. 449, L. 2019; amd. Sec. 2, Ch. 300, L. 2021.