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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) If the commission finds that a utility has not complied with any provision of this chapter for any transaction between a utility and its affiliate, or if a utility has failed to provide sufficient evidence of its compliance, then the commission may:
(a) Access the books and records of a utility's nonregulated affiliate; and
(b) Order that the costs attached to any transactions be disallowed from rates.
(2) If, after inspecting an affiliate's books and records, the commission finds that a utility has not complied with any provision of KRS 278.010 to 278.450, the commission may perform a financial audit of the utility's affiliate to the extent necessary to ensure compliance with KRS 278.010 to 278.450.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXIV. Public Utilities § 278.2211.Remedies for noncompliance utility and affiliate; access to records; disallowance of costs; audit - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xxiv-public-utilities/ky-rev-st-sect-278-2211/
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