54-4-23. Accounts and records of utilities. The commission shall have power to establish a system of accounts to be kept by public utilities subject to its jurisdiction, to classify said public utilities and to establish a system of accounts for each class and to prescribe the manner in which such accounts shall be kept. It […]
54-4-24. Depreciation accounts and fund. The commission shall have power to require any or all public utilities to carry a proper and adequate depreciation account in accordance with such rules, regulations and forms of account as the commission may prescribe. The commission may from time to time ascertain, determine and, by order, fix the proper […]
54-4-25. Certificate of convenience and necessity prerequisite to construction and operation — Electrical suppliers. (1) Except as provided in Section 11-13-304, a gas corporation, electric corporation, telephone corporation, telegraph corporation, heat corporation, water corporation, or sewerage corporation may not establish, or begin construction or operation of a line, route, plant, or system or of any […]
54-4-26. Contracts calling for expenditures — Commission to approve. Every public utility when ordered by the commission shall, before entering into any contract for construction work or for the purchase of new facilities or with respect to any other expenditures, submit such proposed contract, purchase or other expenditure to the commission for its approval; and, […]
54-4-27. Payment of dividends — Notice — Restraint. (1) No gas or electric corporation doing business in this state shall pay any dividend upon its common stock prior to 30 days after the date of the declaration of such dividend by the board of directors of such utility corporation. (2) Within five days after the […]
54-4-28. Merger, consolidation, or combination. No public utility shall combine, merge nor consolidate with another public utility engaged in the same general line of business in this state, without the consent and approval of the Public Service Commission, which shall be granted only after investigation and hearing and finding that such proposed merger, consolidation or […]
54-4-29. Acquiring voting stock or securities of like utility only on consent of commission. Hereafter no public utility shall purchase or acquire any of the voting securities or the secured obligations of any other public utility engaged in the same general line of business without the consent and approval of the Public Service Commission, which […]
54-4-30. Acquiring properties of like utility only on consent of commission. Hereafter no public utility shall acquire by lease, purchase or otherwise the plants, facilities, equipment or properties of any other public utility engaged in the same general line of business in this state, without the consent and approval of the Public Service Commission. Such […]
54-4-31. Electrical corporation to issue securities only on consent of commission — Exceptions — Validity of securities. (1) Except as provided by Subsection (2) or (4), without prior written approval of the commission, no electrical corporation may: (a) issue any security; or (b) assume any obligation or liability as guarantor, endorser, surety, or otherwise, for […]
54-4-37. Definitions — Unauthorized charge to account — Penalties — Procedures for verification — Authority of commission and Division of Public Utilities. (1) For purposes of this section: (a) “Agents” includes any person representing a public utility for purposes of billing for a service or merchandise from a third-party supplier. (b) “Billing aggregator” means any […]
54-4-39. Natural gas derived from new technologies — Long-term contracts. (1) As used in this section: (a) “Coal-to-liquid” means the process of converting coal into a liquid synthetic fuel. (b) “Long-term contract” means a contract greater than five years in duration, but no greater than 10 years in duration. (c) “Oil shale” means a group […]
54-4-4. Classification and fixing of rates after hearing. (1) (a) The commission shall take an action described in Subsection (1)(b), if the commission finds after a hearing that: (i) the rates, fares, tolls, rentals, charges, or classifications demanded, observed, charged, or collected by any public utility for, or in connection with, any service, product, or […]
54-4-4.1. Rules to govern rates. (1) The commission may, by rule or order, adopt any method of rate regulation that is: (a) consistent with this title; (b) in the public interest; and (c) just and reasonable. (2) In accordance with Subsection (1), a method of rate regulation may include: (a) rate designs utilizing: (i) volumetric […]
Effective 5/12/2015 54-4-40. Approval of certain agreements between an electrical corporation and a municipality. (1) The commission shall review an agreement entered into between an electrical corporation and a municipality if the electrical corporation is required to obtain commission approval in accordance with Section 10-8-14, 54-3-30, or 54-3-31. (2) The requirements of Subsection (1) do […]
Effective 7/1/2021 54-4-41. Recovery of investment in utility-owned vehicle charging infrastructure. (1) As used in this section, “charging infrastructure program” means the program described in Subsection (2). (2) The commission shall authorize a large-scale electric utility program that: (a) allows for funding from large-scale electric utility customers for a maximum of $50,000,000 for all costs […]
54-4-7. Rules, equipment, service — Regulation after hearing. Whenever the commission shall find, after a hearing, that the rules, regulations, practices, equipment, appliances, facilities, or service of any public utility, or the methods of manufacture, distribution, transmission, storage or supply employed by it, are unjust, unreasonable, unsafe, improper, inadequate or insufficient, the commission shall determine […]
54-4-8. Additions, improvements, extensions, repairs, or changes — Apportioning costs. (1) (a) Whenever the commission shall find that additions, extensions, repairs, or improvements to or changes in the existing plant, equipment, apparatus, facilities, or other physical property of any public utility or of any two or more public utilities ought reasonably to be made, or […]
