Kansas Statutes 66-1246. Research and development expenditures, investments; inclusion in rates, when
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Terms Used In Kansas Statutes 66-1246
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
The state corporation commission shall allow an electric public utility, as defined in Kan. Stat. Ann. § 66-101a, and amendments thereto, to include in rates the utility’s prudent expenditures for research and development by the utility or for investment in research and development by research centers determined by the commission to be nationally recognized, provided such research and development expenditures or investments are intended to enhance reliability or efficiency of electric utility service.