§ 69-3-331

69-3-331. Cost tracking and recovery. (1) If the commission approves a cost-tracking adjustment for electricity supply costs for a public utility regulated in accordance with chapter 8 or under this chapter, the cost-tracking adjustment must provide for: (a) 90% customer and 10% shareholder sharing of costs, if cost sharing is required; and (b) full recovery of costs incurred by a public utility as a result of qualifying small power production facility purchase requirements established in Title 69, chapter 3, part 6. (2) A cost-tracking adjustment may not include a deadband. (3) For the purposes of this section, 'deadband' means a level of cost recovery variance, including levels of underrecoveries and overrecoveries to be borne by the public utility. History: En. Sec. 1, Ch. 316, L. 2019; amd. Sec. 1, Ch. 54, L. 2021.