Kan. Admin. Regs. § 82-16-4 - Retail revenue requirement
The retail revenue requirement attributable to attainment of the renewable energy goal shall be calculated as follows for each utility:
(a) In conjunction with the
reports required by
K.A.R.
82-16-2, each affected utility shall
calculate the retail revenue requirement for each capacity resource used to
attain the renewable energy goal. A capacity resource may result from
generation resources, purchased energy, RECs, or net metering
systems.
(b) Each determination of
the retail revenue requirement shall reflect the total revenues required to
allow the utility the opportunity to do the following:
(1) Earn a return on rate base
items;
(2) earn a return on plant
investments through depreciation;
(3) recover taxes other than income
taxes;
(4) recover fuel and
purchased power costs, including incremental fuel expense resulting from the
inefficient dispatch of power generation if this expense is known;
(5) recover operating and maintenance
costs;
(6) recover administrative
and general expenses; and
(7)
recover income taxes, including current deferred income taxes.
(c) In order to calculate a return
on rate base items, each utility shall use the overall rate of return
authorized by the commission from its last litigated rate case or specified in
a stipulation and agreement authorized by the commission. If an overall rate of
return was not specified in a utility's last rate case, then the average of the
utility's proposed rate of return and the rate of return proposed by commission
staff shall be used.
Notes
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