Recovery of Actual Cost of Certificated Long-Term Power Purchase

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The approved or actual cost, whichever is less, of purchase of any certificated long-term power purchase shall be recovered in rates by the utility, along with an additional sum as determined by the commission to encourage such purchases.The commission shall consider lost revenues, if any, changed risks, and an equitable sharing of benefits between the utility and its retail customers.

(Code 1981, §46-3A-8, enacted by Ga. L. 1991, p. 1696, § 1.)


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