SS 1 for SB 80 w/ SA 1, SA 2 — Session Law

… his section: (1) "Eligible utility facility relocations" means new, used and useful utility plant or facilities of an electric or natural gas utility that: a. Do not include that portion of any plant or facilities used to increase capacity of …

… cated location. (2) "Pretax return" means the revenues necessary to: a. Produce net operating income equal to the electric or natural gas utility's weighted cost of capital as established in the most recent general rate proceeding for that …

… al cost of eligible utility facility relocations. At any time the Commission by its own motion, or by motion of the electric or natural gas utility, Commission staff or the Public Advocate, may determine to revisit and, after hearing without …

… UFRC exclusive of revenues from all other rates and charges. (b) Notwithstanding other sections of this subchapter, electric and natural gas utilities subject to the regulation of the Public Service Commission under this title may file with t …

… file with the Commission rate schedules establishing a UFRC rate that will allow for the automatic adjustment of the electric or natural gas utility's basic rates and charges to provide recovery of UFRC costs on an annual basis. (c) Any elec …

… tric or natural gas utility's basic rates and charges to provide recovery of UFRC costs on an annual basis. (c) Any electric or natural gas utility that files under subsection (b) of this section will be subje ct to the same statutory require …

… is title is limited to the portion of the customer's charge related to the delivery or distribution of natural gas or electricity. (d) The UFRC rate shall not be available for application to the electric rates of Delmarva Power & Light Compan …

… livery or distribution of natural gas or electricity. (d) The UFRC rate shall not be available for application to the electric rates of Delmarva Power & Light Company or its successors until July 1, 2006, and shall also not be available for app …