69-3-331. Cost tracking and recovery. (1) If the commission approves a cost-tracking adjustment for electricity supply costs for a public utility regulated in accordance with chapter 8 or under this chapter, the cost-tracking adjustment must provide for:
(a) 90% customer and 10% shareholder sharing of costs, if cost sharing is required; and
(b) full recovery of costs incurred by a public utility as a result of qualifying small power production facility purchase requirements established in Title 69, chapter 3, part 6.
(2) A cost-tracking adjustment may not include a deadband.
(3) For the purposes of this section, "deadband" means a level of cost recovery variance, including levels of underrecoveries and overrecoveries to be borne by the public utility.
History: En. Sec. 1, Ch. 316, L. 2019; amd. Sec. 1, Ch. 54, L. 2021.
Structure Montana Code Annotated
Title 69. Public Utilities and Carriers
Chapter 3. Regulation of Utilities
69-3-301. Schedule of rates, tolls, and charges
69-3-302. Changes in schedules
69-3-303. Notice and hearing on proposed change
69-3-304. Temporary approval of rate increases or decreases
69-3-305. Deviations from scheduled rates, tolls, and charges
69-3-306. Classification of service
69-3-307. Treatment of advertisement costs and contributions
69-3-310. Rulemaking authority
69-3-311. through 69-3-320 reserved
69-3-321. Complaints against public utility -- hearing
69-3-322. Treatment of multiple complaints
69-3-323. Complaint by public utility
69-3-324. Initiation of action by commission itself
69-3-327. Subpoena of witnesses
69-3-328. Depositions of witnesses
69-3-329. Immunity for witnesses