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Wisconsin Statutes > Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations > Chapter 196 > § 196.84 - Commission's holding company and nonutility affiliate regulation costs

196.84

196.84 Commission's holding company and nonutility affiliate regulation costs. Under rules promulgated by the commission, a holding company, as defined in § 196.795 (1)(h) or a nonutility affiliate, as defined under § 196.795 (1)(j), shall compensate the commission for the cost of any increase in regulation of any public utility affiliate, as defined under § 196.795 (1)(L), which is with the holding company or nonutility affiliate in a holding company system as defined in § 196.795 (1)(i), if the commission determines that the increase is reasonably required in order for the commission to implement and enforce § 196.795. Such compensation may not be recovered directly or indirectly from any public utility affiliate. The commission shall assess such compensation using the procedure prescribed in § 196.85, except that no advance payment of a remainder assessment under § 196.85 (2) may be required for the first 2 fiscal years after November 28, 1985. No assessment may be made under this section against any holding company or nonutility affiliate for any time worked by any person under § 196.795 (10m) if the time is properly assessable for utility regulation under § 196.85. For the purpose of calculating cost increases under this section, 90% of the cost increases determined shall be costs of the commission and 10% of the cost increases determined shall be costs of state government operations.

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