66-128j. Electric utilities; certain power sales; sale or retirement of facilities; reduction in revenue requirement, when.
66-128j
66-128j. Electric utilities; certain power sales; sale or retirementof facilities; reduction in revenue requirement, when.When a public utility sells electric power to other thanits retail customers or disposes of, sells or retires from service any facility,the commission may evaluate the efficiency or prudence of such electricpower sale or disposition, sale or retirement from service, and if it findsthat any such action was inefficient or imprudent, or caused a reductionof electric power available to its retail customers or in electrical generatingcapacity, the commission may reduce the revenue requirement resulting therefrom.
History: L. 1984, ch. 247, § 11; April 19.