66-1,176c. Compensation of private retail electric supplier for certain electric system facilities acquired by city. - Kansas Statutes

66-1,176c

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

      66-1,176c.   Compensation of private retail electric supplier forcertain electric system facilities acquired by city.In addition to the fair cash value of any plant andappurtenance thereto determined pursuant to K.S.A. 12-811, a retailelectric supplier whose service rights have expired by reason of failure ofthe renewal of a valid franchise shall be entitled to compensation for allreasonable and prudent costs of detaching the electric system facilities tobe sold and all reasonable and prudent costs of reintegrating the remainingelectric system facilities of such retail electric supplier less the valueof all electric system facilities replaced by new facilities required forthe reintegration of the remaining electric system facilities.

      History:   L. 1987, ch. 255, § 2; April 23.