66-128b. Deferral and phase-in of value of certain utility property; exclusion of finance costs, when. - Kansas Statutes

66-128b

Chapter 66.--PUBLIC UTILITIES Article 1.--POWERS OF STATE CORPORATION COMMISSION

      66-128b.   Deferral and phase-in of value of certain utility property;exclusion of finance costs, when.The commission may require a public utility to defer inclusionof all or any portion of the reasonable value of property determined notcurrently used and required to be used and may require the phase-in of suchvalue over any period of time and in such increments as it determines tobe appropriate. If the commission requires a publicutility to defer the inclusion of any portion of such reasonable value andorders a phase-in of such value, it may exclude any or all of the carryingor finance costs incurred after the date of its determination and throughoutthe period of any deferral or phase-in as so ordered.

      History:   L. 1984, ch. 247, § 3; April 19.