61-1601. LEGISLATIVE INTENT. It is the intent of the legislature in enacting this chapter to authorize the public utilities commission to approve certain cost reduction charges or rates as a method of financing or refinancing costs incurred or to be incurred by electric and gas utilities that will accrue benefits to Idaho consumers through reduced utility rates. The legislature believes that this type of securities legislation is in the public interest but should not be considered as endorsement of, or intended to provide, a mechanism for restructuring of the utility industry in the state of Idaho.
History:
[61-1601, added 2005, ch. 372, sec. 1, p. 1186.]
Structure Idaho Code
Title 61 - PUBLIC UTILITY REGULATION
Chapter 16 - UTILITY COST REDUCTION BONDS
Section 61-1601 - LEGISLATIVE INTENT.
Section 61-1602 - DEFINITIONS.
Section 61-1603 - COST REDUCTION ORDER.
Section 61-1604 - LIMITATION ON AGGREGATE AMOUNT OF COST REDUCTION FINANCING.
Section 61-1605 - COST REDUCTION RATE.
Section 61-1606 - COST REDUCTION INSTRUMENTS.
Section 61-1607 - SECURITY INTEREST.
Section 61-1608 - TRANSFERS IN INTEREST.
Section 61-1610 - DISCLAIMER OF STATE FULL FAITH AND CREDIT.