393.292. Nuclear power plant decommissioning, expense of, rate increase allowed, when, how.
Nuclear power plant decommissioning, expense of, rate increaseallowed, when, how.
393.292. Notwithstanding any other provision of law to thecontrary, the public service commission shall have the power,pursuant to regulations, to review and authorize changes to therates and charges contained in the schedules of an electriccorporation as a result of a change in the level or annualaccrual of funding necessary for its nuclear power plantdecommissioning trust fund only after a full hearing and afterconsidering all facts relevant to such funding level or accrualrate. The commission shall also have the authority to adoptregulations to govern the procedure for submission, examination,hearing and approval of such tariff changes and to ensure thatthe amounts collected from ratepayers and paid into such trustfunds will be neither greater nor lesser than the amountsnecessary to carry out the purposes of the trusts.
(L. 1989 H.B. 609 § 1)