1. (1) An electric company must provide the Commission with full access to all of the electric company’s and affiliates’ books and records in order to review all transactions between an electric company and its Oregon affiliates.
2. (2) An electric company and its affiliates shall maintain separate books and records, and, whenever possible, prepare unconsolidated financial statements.
3. (3) An electric company and its competitive operations shall maintain sufficient records to allow for an audit of the transactions between an electric company and its competitive operations. At its discretion, the Commission may require an electric company to initiate, at the electric company’s expense, an audit of the transactions between an electric company and its competitive operations performed by an independent third party.

Statutory/Other Authority

ORS 183, 756 & 757

Statutes/Other Implemented

ORS 756.040 & 757.600 - 757.667

History

PUC 6-2006, f. & cert. ef. 5-11-06
PUC 2-2001, f. & cert. ef. 1-5-01