§ 7-523. Deferrals

Latest version.

(a) Voluntary or mandatory. -- The Commission may require that a deferral of expenses under a rate stabilization plan be either voluntary or mandatory if the Commission finds that the required type of deferral is in the public interest.

(b) Security for deferral. -- The rate stabilization plan may provide that a deferral shall be secured through the issuance of rate stabilization bonds authorized by a qualified rate order under this part.

HISTORY: 2006 Sp. Sess., ch. 5, § 1.

                    
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