(a) A formula rate review is authorized to provide an annual streamlined review of a public utility's rates to determine if adjustments are needed to comply with this subchapter.
(b) An electric cooperative corporation established under the Electric Cooperative Corporation Act, § 23-18-301 et seq., shall not be regulated by a formula rate review.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities And Carriers
Chapter 4 - Regulation of Rates and Charges Generally
Subchapter 12 - Formula Rate Review Act
§ 23-4-1202. Findings and intent
§ 23-4-1204. Formula rate review — Authorized
§ 23-4-1205. Filing — Procedure
§ 23-4-1206. Formula rate review — Required information
§ 23-4-1207. Formula — Adjustment of customer rates