Notwithstanding any other provision of law to the contrary, upon application by a regulated utility, the commission may allow recovery of costs for investment in natural gas pipeline replacement programs which are not recovered in the existing rates of a regulated utility. No recovery shall be allowed unless the costs shall have been deemed by the commission to be fair, just, and reasonable.
KRS 278.509
Recovery of costs for investment in natural gas pipeline replacement programs
Applied in 1 court decision — leading case Kentucky Public Service Commission v. Commonwealth Ex Rel. Conway (2010)
Most recently applied in Kentucky Public Service Commission v. Commonwealth Ex Rel. Conway (October 2010)
Effective: June 20, 2005 History: Created 2005 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.