The commission may, after hearing, ascertain and fix the value of the whole or any part of the property of any electrical utility insofar as the same is material to the exercise of the jurisdiction of the commission and may, after hearing, make revaluations from time to time and ascertain the value of all new construction, extensions, and additions to the property of every electrical utility.
HISTORY: 1962 Code Section 24-115; 1952 Code Section 24-115; 1942 Code Section 8555-4; 1932 (37) 1497; 2006 Act No. 318, Section 164, eff May 24, 2006.