66-1244. Same; sale or contract for operation of transmission facilities; approval by KCC; rate-making treatment.
66-1244
66-1244. Same; sale or contract for operation oftransmission facilities; approval by KCC; rate-making treatment.(a) Upon application, the commission may approve: (1) Anysaleoftransmission lines and appurtenances to an independent transmission company orsystemoperator which has been approved by the federal energy regulatory commission;and (2) anycontract for the operation of transmission lines and appurtenances by anindependenttransmission system operator or regional transmission organization which hasbeen approved bythe federal energy regulatory commission.
(b) The commission shall afford the transactions described in this sectionwith appropriate rate-making treatment, including the reasonable sharing ofproceeds from asset sales between ratepayers and the utility.
History: L. 2004, ch. 120, § 5; July 1.