§ 210 - Electric companies; interconnection facilities - Vermont Statutes

§ 210. Electric companies; interconnection facilities

(a) The public service board shall have jurisdiction to order electric companies subject to its supervision to build or rebuild electric transmission lines in order to provide adequate interconnection between the transmission systems of the state. The board shall have power to exercise the jurisdiction herein conferred only after due notice to all interested parties and opportunity for hearing and after making findings based upon adequate evidence that the ordered construction:

(1) Is necessary in the interests of consumers of electrical energy;

(2) Is not detrimental to the interests of the investors of the company ordered to build or rebuild;

(3) Will serve the public good.

(b) The board may allocate the cost of building or rebuilding between the companies whose facilities are to be interconnected providing that the findings herein referred to are made as to each company affected by such allocation. (Amended 1959, No. 329 (Adj. Sess.), § 39(b), eff. March 1, 1961; 1999, No. 157 (Adj. Sess.), § 3.)