Rules & Regulations of the State of Tennessee
Title 1220 - Tennessee Public Utility Commission
Subtitle 1220-04 - Division of Public Utilities
Chapter 1220-04-14 - Utility Acquisitions
Section 1220-04-14-.02 - POWERS AND STANDARD OF REVIEW
Universal Citation: TN Comp Rules and Regs 1220-04-14-.02
Current through September 24, 2024
(1) The Commission retains its regulatory authority, jurisdiction, and discretion as provided under Title 65, including as follows:
(a) The Commission has the authority after
public notice and hearing to approve an acquiring utility's purchase of a
selling utility upon finding the acquisition to be in the public
interest.
(b) The Commission shall
maintain its statutory authority to set rates for the selling utility's system
after it is purchased by the acquiring utility.
(c) The Commission shall have the discretion
to classify the acquired system as a separate entity for ratemaking purposes if
such classification is in the public interest and maintains just and reasonable
rates for acquired and existing customers.
Authority: T.C.A. §§ 65-2-102 and 65-5-101, et seq.
Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
