65-33-106 - Adjustment of payment to reflect rate changes. - Tennessee Statutes

65-33-106. Adjustment of payment to reflect rate changes.

If the cost of power or fuel supplies to a utility increases or decreases significantly at any time and appears likely to remain at this new level so that the adjustment in the twelfth month would exceed the averaged monthly payment, the utility may adjust the averaged monthly payments.

[Acts 1978, ch. 615, § 6; T.C.A., § 65-3506.]