(a) Submission of estimate.--No later than 30 days after construction of an electric generating unit is begun, either in this Commonwealth or in some other state, any public utility operating in this Commonwealth and owning any share in that unit shall submit to the commission an estimate of the cost of constructing that unit. If the public utility acquires ownership of any share in an electric generating unit which is under construction on the date of acquisition, the public utility shall, within 30 days of the date of acquisition, submit an estimate of the cost of constructing that unit which was formulated no later than 30 days from the beginning of construction.
(b) Auditor in charge.--For each electric generating unit under construction which falls under the provisions of this section, the commission shall designate an auditor in charge. In addition to the access to evidence granted by this section, each utility having a generating unit under construction shall promptly submit, to the appropriate auditor in charge, copies and a description of any change with respect to construction which may be expected to result in substantial variances in the construction cost. A summary of all other changes shall be submitted to the commission at such reasonable times as the commission shall require.
(c) Access to evidence.--From and after the beginning of construction of an electric generating unit, the commission, or the auditor in charge, and the Consumer Advocate, or his designee, shall have reasonable access to the construction site and to any oral or documentary evidence relevant to determining the necessity and propriety of any construction cost. If a public utility objects to any request by the commission or the auditor in charge or the Consumer Advocate, or the person designated by the Consumer Advocate, for access to the construction site or to any oral or documentary evidence, the objection shall be decided in the same manner as an on-the-record proceeding pursuant to Chapter 3 (relating to public utility commission). The affected public utility shall have the burden of proof in sustaining any such objection.
(d) Definition.--As used in this section the term "construction" includes any work performed on an electric generating unit which is expected to require the affected public utility to incur an aggregate of at least $100,000,000 of expenses which, in accordance with generally accepted accounting principles, are capital expenses and not operating or maintenance expenses.
(July 6, 1984, P.L.602, No.123, eff. imd.; July 10, 1986, P.L.1238, No.114, eff. imd.)
Cross References. Section 515 is referred to in sections 523, 1308 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Section 502 - Enforcement proceedings by commission
Section 503 - Enforcement proceedings by Chief Counsel
Section 504 - Reports by public utilities
Section 505 - Duty to furnish information to commission; cooperation in valuing property
Section 506 - Inspection of facilities and records
Section 507 - Contracts between public utilities and municipalities
Section 508 - Power of the commission to vary, reform and revise contracts
Section 509 - Regulation of manufacture, sale or lease of appliances
Section 510 - Assessment for regulatory expenses upon public utilities
Section 511 - Disposition, appropriation and disbursement of assessments and fees
Section 511.1 - Use of Federal funds under energy program
Section 512 - Power of commission to require insurance
Section 512.1 - Power of commission to confiscate, impound and sell vehicles
Section 513 - Public letting of contracts
Section 515 - Construction cost of electric generating units
Section 516 - Audits of certain utilities
Section 517 - Conversion of electric generating units fueled by oil or natural gas
Section 518 - Construction of electric generating units fueled by nuclear energy
Section 519 - Construction of electric generating units fueled by oil or natural gas
Section 521 - Retirement of electric generating units
Section 522 - Expense reduction program
Section 523 - Performance factor consideration
Section 524 - Data to be supplied by electric utilities
Section 525 - Sale of generating units and power
Section 526 - Rejection of rate increase requests due to inadequate quality or quantity of service
Section 527 - Cogeneration rules and regulations
Section 528 - Use of foreign coal by qualifying facilities
Section 529 - Power of commission to order acquisition of small water and sewer utilities