§ 23-15-104 - Rates and charges of natural gas utilities -- Determination. - Arkansas Statutes

23-15-104. Rates and charges of natural gas utilities -- Determination.

In determining and regulating the rates and charges of a natural gas utility company, the Arkansas Public Service Commission shall allow as an operating expense of the natural gas utility company, for natural gas produced by it, the fair value or reasonable market price of the natural gas at the point at which the gas is delivered into the transmission system of the natural gas utility company in or within the vicinity of the field or fields where produced.