Michigan Laws 460.572 – Costs to be included in rates
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Michigan Laws 460.572
- Certificate: means a certificate of public convenience and necessity issued for a major transmission line under this act or issued for a transmission line under section 9. See Michigan Laws 460.562
- Commission: means the Michigan public service commission. See Michigan Laws 460.562
- Electric utility: means a person, partnership, corporation, association, or other legal entity whose transmission or distribution of electricity the commission regulates under 1909 PA 106, MCL 460. See Michigan Laws 460.562
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Transmission line: means all structures, equipment, and real property necessary to transfer electricity at system bulk supply voltage of 100 kilovolts or more. See Michigan Laws 460.562
Reasonable and prudent costs for a transmission line for which a certificate is issued shall be included in an electric utility‘s rates. The commission shall not disallow costs the electric utility incurs in constructing a transmission line for which a certificate is issued, which costs do not exceed the amount set forth in the certificate unless the commission determines that the actual costs were imprudently and unreasonably incurred, based upon substantial evidence presented in opposition to the electric utility’s rate request. Costs incurred by the electric utility that exceed the amount set forth in the certificate shall be included in the electric utility’s rates, if reasonably and prudently incurred based upon substantial evidence presented in support of the electric utility’s rate request.