66-1244. Same; sale or contract for operation of transmission facilities; approval by KCC; rate-making treatment. - Kansas Statutes

66-1244

Chapter 66.--PUBLIC UTILITIES Article 12.--MISCELLANEOUS PROVISIONS

      66-1244.   Same; sale or contract for operation oftransmission facilities; approval by KCC; rate-making treatment.(a) Upon application, the commission may approve: (1) Anysaleoftransmission lines and appurtenances to an independent transmission company orsystemoperator which has been approved by the federal energy regulatory commission;and (2) anycontract for the operation of transmission lines and appurtenances by anindependenttransmission system operator or regional transmission organization which hasbeen approved bythe federal energy regulatory commission.

      (b)   The commission shall afford the transactions described in this sectionwith appropriate rate-making treatment, including the reasonable sharing ofproceeds from asset sales between ratepayers and the utility.

      History:   L. 2004, ch. 120, § 5; July 1.