Compilation of Rules and Regulations of the State of Georgia
Department 515 - RULES OF GEORGIA PUBLIC SERVICE COMMISSION
Chapter 515-3 - GENERAL RULES
Subject 515-3-4 - INTEGRATED RESOURCE PLANNING
Rule 515-3-4-.11 - Cost Recovery and Financial Incentives
Universal Citation: GA Rules and Regs r 515-3-4-.11
Current through Rules and Regulations filed through September 23, 2024
(1) Recovery of the costs of developing an integrated resource plan or an amendment thereto.
(a) Fees paid by the utility accompanying a plan filing are expressly excluded from cost recovery; and
(b) All costs incurred by a utility in developing its plan must be accounted for in its books and records separately from amounts attributable to any of its other activities. All accounts, including subaccounts, must be maintained in such a manner as will allow these costs to be identified readily.
(2) Recovery of costs for certificate application and certificate amendments.
(a) Fees paid by the utility accompanying a certificate application or an amendment application are excluded from cost recovery unless the application or amendment is approved; and
(b) All costs incurred by a utility in developing its certificate application or amendment must be accounted for in its books and records separately from amounts attributable to any of its other activities. All accounts, including subaccounts, must be maintained in such a manner as will allow these costs to be identified readily.
(3) Recovery of Certified Costs and Financial Incentive Mechanisms.
(a) The certified or actual cost, whichever is less, of purchase of any certificated long-term power purchase shall be recovered in rates by the utility along with the additional sum as determined by the Commission to encourage such purchases. The Commission shall consider lost revenues, if any, changed risks, and an equitable sharing of benefits between the utility and its retail customers; and
(b) The certified or actual cost, whichever is less, of any certificated demand-side capacity option shall be recovered by the utility in rates, along with an additional sum as determined by the Commission to encourage the development of such resources. The Commission shall consider lost revenues, if any, changed risks, and an equitable sharing of benefits between the utility and its retail customers.
Ga. L. 1878-79 p. 125; 1907, pp. 72-81; 1992 pp. 142-147; 1975 pp. 404-412; 1991 pp. 1696-1705.
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