Section 61-1708 – EFFECT OF ISSUANCE OF ROUTE CERTIFICATION.
61-1708. EFFECT OF ISSUANCE OF ROUTE CERTIFICATION. (1) Subject to any conditions attached to the certificate by the commission, a final commission order granting a route certificate shall bind the state and each of its agencies, divisions, bureaus, commissions, boards and local governments as to the approval of the authorized transmission route and the construction […]
Section 61-1709 – COMMISSION PROCEDURES — ADMINISTRATIVE REMEDY — RECONSIDERATION — JUDICIAL REVIEW.
61-1709. COMMISSION PROCEDURES — ADMINISTRATIVE REMEDY — RECONSIDERATION — JUDICIAL REVIEW. (1) All matters arising under this chapter shall be governed by the commission’s rules of procedure. (2) The commission’s proceeding to review an application for a route certificate for the construction of transmission facilities in a designated national interest electric transmission corridor shall constitute […]
Section 61-1602 – DEFINITIONS.
61-1602. DEFINITIONS. For purposes of this chapter, the following terms shall have the following meanings, unless the context clearly requires otherwise: (1) "Approved costs" means the amounts that a public utility or assignee has been authorized to recover by the commission pursuant to a cost reduction order including, without limitation: (a) Amounts incurred or to […]
Section 61-1707 – PUBLIC WORKSHOPS.
61-1707. PUBLIC WORKSHOPS. (1) After a transmitting utility has filed its notice of intent with the commission and before it files the application for a route certificate, the transmitting utility shall conduct informal public workshops at location(s) along the proposed transmission route. The purpose of the workshops is to provide information about the transmission project […]
Section 61-1603 – COST REDUCTION ORDER.
61-1603. COST REDUCTION ORDER. (1) A public utility may apply to the commission for a cost reduction order authorizing the recovery of approved costs through the imposition and collection of a cost reduction rate. (2) A public utility may apply to the commission from time to time for a cost reduction order in a manner […]
Section 61-1604 – LIMITATION ON AGGREGATE AMOUNT OF COST REDUCTION FINANCING.
61-1604. LIMITATION ON AGGREGATE AMOUNT OF COST REDUCTION FINANCING. The amount of approved costs in a cost reduction order, either individually or in the aggregate with previously approved costs included in cost reduction orders that remain outstanding, may not exceed an amount equal to forty percent (40%) of the public utility’s total capitalization, including both […]
Section 61-1605 – COST REDUCTION RATE.
61-1605. COST REDUCTION RATE. (1) Each cost reduction order shall specify a procedure for making adjustments to the cost reduction rate that is the subject of the order. (2) Upon application by a public utility the commission may: (a) Authorize the making of adjustments to the cost reduction rate at more frequent intervals than those […]
Section 61-1606 – COST REDUCTION INSTRUMENTS.
61-1606. COST REDUCTION INSTRUMENTS. (1) Public utilities and assignees may issue and sell cost reduction instruments upon approval by the commission of such action in a cost reduction order. (2) Public utilities and assignees may sell and assign all or portions of their interest in cost reduction property that is the basis for the issuance […]
Section 61-1607 – SECURITY INTEREST.
61-1607. SECURITY INTEREST. (1) To the extent the provisions of this section conflict with chapter 9 as from time to time in effect, including any successor provisions, this section shall apply. (2) A security interest in cost reduction property is valid, is enforceable against the pledgor and third parties, subject to the rights of any […]
Section 61-1608 – TRANSFERS IN INTEREST.
61-1608. TRANSFERS IN INTEREST. (1) A transfer of cost reduction property by a public utility to an assignee, or by an assignee to another assignee, that the parties have in the governing documentation expressly stated to be a sale or other absolute transfer, in a transaction approved in a cost reduction order, shall be treated […]