California § 454.8. 454.8. (Added by Stats. 1985, Ch. 926, Sec. 1.)

California Statutes

§ 454.8. — 454.8. (Added by Stats. 1985, Ch. 926, Sec. 1.)

California § 454.8.

JurisdictionCalifornia

Code PUCPublic Utilities Code - PUC

Div. 1.DIVISION 1. REGULATION OF PUBLIC UTILITIES

Part 1.PART 1. PUBLIC UTILITIES ACT

Ch. 3.CHAPTER 3. Rights and Obligations of Public Utilities

Art. 1.ARTICLE 1. Rates

This text of California § 454.8. (454.8. (Added by Stats. 1985, Ch. 926, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Utilities Code - PUC Code § 454.8. (2026).

Text

In any decision establishing rates for an electrical or gas corporation reflecting the reasonable and prudent costs of the new construction of any addition to or extension of the corporation’s plant, when the commission has found and determined that the addition or extension is used and useful, the commission shall consider a method for the recovery of these costs which would be constant in real economic terms over the useful life of the facilities, so that ratepayers in a given year will not pay for the benefits received in other years.

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In any decision establishing rates for an electrical or gas corporation reflecting the reasonable and prudent costs of the new construction of any addition to or extension of the corporation’s plant, when the commission has found and determined that the addition or extension is used and useful, the commission shall consider a method for the recovery of these costs which would be constant in real economic terms over the useful life of the facilities, so that ratepayers in a given year will not pay for the benefits received in other years.