North Dakota Code 49-01-12.1 – Public utility fee
1. The commission shall assess each electric and gas utility a fee in proportion to the utility’s respective gross operating revenues from the retail sale of gas and electric service within the state during the preceding calendar year. The total of the combined assessments may not exceed three hundred thousand dollars per biennium. The fee must be paid quarterly and deposited in the public service commission program fund.
Terms Used In North Dakota Code 49-01-12.1
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
- year: means twelve consecutive months. See North Dakota Code 1-01-33
2. In January of each year, each electric and gas public utility shall file with the public service commission the amount of gross receipts derived from the company’s customers within the state during the preceding calendar year. The commission shall review the gross receipts annually and adjust the fee for each utility in proportion to the gross operating revenues.