Vermont § 3047 Cost allocations; subsidization prohibited

Vermont Statutes

§ 3047 — Cost allocations; subsidization prohibited

Vermont § 3047

Title 30Title 30: Public Service

Ch. 81Chapter 081: Utility Cooperatives

This text of Vermont § 3047 (Cost allocations; subsidization prohibited) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 30, § 3047 (2026).

Text

In carrying out the purposes of this chapter, the electric revenues received from regulated activities of a cooperative shall not subsidize any nonelectric activities of the cooperative. A cooperative shall adopt cost allocation procedures to ensure that the electrical distribution revenues received from regulated activities of a cooperative do not subsidize any of the nonelectric activities and that costs attributable to any nonelectric activities are not included in the cooperative’s rates for electric service. A copy of the cost allocation procedures shall be available to the public upon request. (Added 1999, No. 143 (Adj. Sess.), § 27; amended 2019, No. 79, § 12, eff. June 20, 2019.)

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In carrying out the purposes of this chapter, the electric revenues received from regulated activities of a cooperative shall not subsidize any nonelectric activities of the cooperative. A cooperative shall adopt cost allocation procedures to ensure that the electrical distribution revenues received from regulated activities of a cooperative do not subsidize any of the nonelectric activities and that costs attributable to any nonelectric activities are not included in the cooperative’s rates for electric service. A copy of the cost allocation procedures shall be available to the public upon request. (Added 1999, No. 143 (Adj. Sess.), § 27; amended 2019, No. 79, § 12, eff. June 20, 2019.)