(A) Each electric utility which seeks
recovery of transmission and transmission-related costs shall file and
accordingly, annually update an application with the commission for a
transmission cost recovery rider in compliance with the appendix to this
rule.
(B) The commission may
order that consultants be hired, with the costs billed to the electric utility
and recoverable through the rider, to conduct prudence and/or financial reviews
of the costs incurred and recovered through the transmission cost recovery
rider.
(C) Each annual application
to update the transmission cost recovery rider should be made not less than
seventy-five days prior to the proposed effective date of the updated
rider.
(D) If at anytime during
the period between annual update filings, the electric utility or staff
determines that costs are or will be substantially different than the amounts
authorized as the result of the electric utility's previous application,
the electric utility should file, on its own initiative or by order of the
commission, an interim application to adjust the transmission cost recovery
rider in order to avoid excessive carrying costs and to minimize rate impacts
for the following update filing.
(E) Affected parties may
file a motion to intervene and detailed comments on any issues concerning any
application filed under this rule within forty days of the date of the filing
of the application.
View Appendix
Last updated June 20, 2023 at 9:15 AM