Rules to govern rates.
-
Law
-
Utah Code
-
Public Utilities
-
Authority of Commission Over Public Utilities
- Rules to govern rates.
- (1) The commission may, by rule or order, adopt any method of rate regulation that is:
- (a) consistent with this title;
- (b) in the public interest; and
- (2) In accordance with Subsection (1), a method of rate regulation may include:
- (a) rate designs utilizing:
- (i) volumetric rate components;
- (ii) demand rate components;
- (iii) fixed rate components; and
- (iv) variable rate components;
- (b) rate stabilization methods;
- (d) incentive-based mechanisms; and
- (e) other components, methods, or mechanisms approved by the commission.
Download our app to see the most-to-date content.