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§ 77-3-45. Promulgation of rules and regulations

MS Code § 77-3-45 (2019) (N/A)
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(a) To specify what costs may be used for determining a public utility’s rate base, which balance the interests of consumers and investors;

(b) To prescribe the time period for measuring a public utility’s rate base;

(c) To specify allowable operating expenses, provided, however, that the commission shall exclude from a public utility’s allowable operating expenses any interest such utility paid, or credited, to its consumers in connection with refunds in a rate proceeding in which its rates were finally determined to be excessive;

(d) To determine accurately the capital costs of a public utility;

(e) To define specific costs which may be included by a public utility in its monthly fuel adjustment clause retail billings;

(f) To define specific costs which may be included by a public utility distributing gas in its monthly purchased gas adjustments retail billings;

(g) To prescribe minimal uniform standards of service for various classes of public utilities; and

(h) To provide for any other rules and regulations deemed by the commission to be appropriate for carrying out the provisions of this chapter.

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