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Section 23-4-1204 - Formula rate review - Authorized — Arkansas Law | CourtGPT
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  3. Arkansas/
  4. Title 23 - Public Utilities and Regulated Industries (§§ 23-1-101 — 23-119-105)/
  5. Subtitle 1 - Public Utilities and Carriers/
  6. Chapter 4 - Regulation of Rates and Charges Generally Sub/
  7. Subchapter 12 - Formula Rate Review/
  8. Section 23-4-1204 - Formula rate review - Authorized
Arkansas Legal Code

Section 23-4-1204 - Formula rate review - Authorized

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(a) A formula rate review is authorized to provide an annual streamlined review of a public utility's rates to determine if adjustments are needed to comply with this subchapter.(b) An electric cooperative corporation established under the Electric Cooperative Corporation Act, § 23-18-301 et seq., shall not be regulated by a formula rate review.Added by Act 2015, No. 725,§ 3, eff. 3/27/2015.