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Current as of January 01, 2025 | Updated by Findlaw Staff
(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.
(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.
Cite this article: FindLaw.com - Utah Code Title 54. Public Utilities § 54-4-4.1. Rules to govern rates - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-54-public-utilities/ut-code-sect-54-4-4-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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