Commission power to regulate rates -- Limitations

Checkout our iOS App for a better way to browser and research.

    (a)    In setting just and reasonable rates under this title, the Commission may not discourage the use of employee stock ownership plans by public service companies by denying to the public service companies the full benefits of investment tax credits provided in connection with these plans by the Internal Revenue Code.

    (b)    A public service company may not charge off lobbying expenses against its ratepayers.


Download our app to see the most-to-date content.