§ 58-33-277 — Reports; contents; on-going monitoring by Office of Regulatory Staff.

(A) After issuance of a base load review order approving rate recovery for capital costs related to the plant, the utility will file reports with the Office of Regulatory Staff quarterly until the plant begins commercial operation. These reports must be filed no later than forty-five days after the close of a quarter, shall not be combined with any other filing, and shall contain the following information: (1) the progress of construction of the plant; (2) updated construction schedules; (3) schedules of the capital costs incurred including updates to the information required by Section 58-33-270(B)(5); (4) updated schedules of the anticipated capital costs; and (5) other information as the Office of Regulatory Staff may require. (B) The Office of Regulatory Staff shall conduct on-going monitoring of the construction of the plant and expenditure of capital through review and audit of the quarterly reports under this article, and shall have the right to inspect the books and records regarding the plant and the physical progress of construction upon reasonable notice to the utility.

Legislative History

HISTORY: 2007 Act No. 16, SECTION 2, eff upon approval (became law without the Governor's signature on May 3, 2007).