23-4-503. Calculation of interim surcharge.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-4-503. Calculation of interim surcharge. The amount of the interim surcharge to be added to the public utility's rates shall be calculated so as to produce annual revenues equal to the additional annualized revenue requirement to which the public utility would be entitled had the investments and expenses described in § 23-4-501 been included in the public utility's most recent rate determination by the Arkansas Public Service Commission.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-4-503

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Arkansas Code — all titles (historical 2020) · legal_authorities

23-4-501. Authority to recover costs through interim rate schedule.

23-4-501. Authority to recover costs through interim rate schedule. (a)(1) Upon a proper filing with the Arkansas Public Service Commission, a public utility shall be permitted to recover in a prompt and timely manner all investments and expenses through an interim surcharge, if the investments or expenses: (A) Are not currently being recovered in existing rates; (B) Are reasonably incurred; (C) Were not reasonably known and measurable at a time that allowed for a reasonable opportunity for the inclusion and consideration of the investments or expenses for recovery in the public utility's last general rate case; (D) Are incurred by the public utility to comply with legislative or administrative rules or requirements; (E) Relate to the protection of the public health, safety, or the environment; (F) Cannot otherwise be recovered in a prompt and timely manner; and (G) Are any of the following: (i) Mandatory; (ii) A condition of continued operation of a utility facility; or (iii) Previously approved by the commission. (2) The interim surcharge shall be effective until the implementation of new rate schedules in connection with the next general rate filing of the public utility in which such investments or expenses can be included in the public utility's base rate schedule. (3) However, the costs to be recovered through such an interim surcharge described in subdivisions (a)(1) and (2) of this section shall not include increases in the cost for employment compensation or benefits as a result of legislative or regulatory action. (b)(1) A public utility shall be permitted to recover, through an interim surcharge, the allowance for funds used during construction that would otherwise be accrued and capitalized that is incurred during the construction

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-4-501

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-4-501. This identifies an authority to review, not proof of applicability.