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Section 4.1 - Rules to govern rates.

UT Code § 54-4-4.1 (2019) (N/A)
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(1) The commission may, by rule or order, adopt any method of rate regulation that is: (a) consistent with this title; (b) in the public interest; and (c) just and reasonable.

(a) consistent with this title;

(b) in the public interest; and

(c) just and reasonable.

(2) In accordance with Subsection (1), a method of rate regulation may include: (a) rate designs utilizing: (i) volumetric rate components; (ii) demand rate components; (iii) fixed rate components; and (iv) variable rate components; (b) rate stabilization methods; (c) decoupling methods; (d) incentive-based mechanisms; and (e) other components, methods, or mechanisms approved by the commission.

(a) rate designs utilizing: (i) volumetric rate components; (ii) demand rate components; (iii) fixed rate components; and (iv) variable rate components;

(i) volumetric rate components;

(ii) demand rate components;

(iii) fixed rate components; and

(iv) variable rate components;

(b) rate stabilization methods;

(c) decoupling methods;

(d) incentive-based mechanisms; and

(e) other components, methods, or mechanisms approved by the commission.

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