Washington § 80.28.309 Costs as bondable rate recovery expenditures.

Washington Statutes

§ 80.28.309 — Costs as bondable rate recovery expenditures.

Washington § 80.28.309

Title 80PUBLIC UTILITIES

Ch. 80.28GAS, ELECTRICAL, AND WATER COMPANIES

This text of Washington § 80.28.309 (Costs as bondable rate recovery expenditures.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 80.28.309 (2026).

Text

(1)Costs incurred before May 17, 2025, by electrical, gas, or water companies with respect to events described in RCW 80.28.005 (3)(a) or energy or water conservation measures and services described in RCW 80.28.005 (3)(b) shall constitute bondable rate recovery expenditures for purposes of RCW 80.28.005 , 80.28.303 , 80.28.306 , and this section, if:

(a)The commission has previously issued a rate order authorizing the inclusion of such costs in rate base; and

(b)The commission authorizes the issuance of rate recovery bonds secured by rate recovery assets associated with such costs.

(2)If costs incurred before May 17, 2025, by electrical, gas, or water companies with respect to events described in RCW 80.28.005 (3)(a) or energy or water conservation measures described in RCW 80.28.0

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Costs incurred before May 17, 2025, by electrical, gas, or water companies with respect to events described in RCW 80.28.005 (3)(a) or energy or water conservation measures and services described in RCW 80.28.005 (3)(b) shall constitute bondable rate recovery expenditures for purposes of RCW 80.28.005 , 80.28.303 , 80.28.306 , and this section, if:

(a) The commission has previously issued a rate order authorizing the inclusion of such costs in rate base; and

(b) The commission authorizes the issuance of rate recovery bonds secured by rate recovery assets associated with such costs.

(2) If costs incurred before May 17, 2025, by electrical, gas, or water companies with respect to events described in RCW 80.28.005 (3)(a) or energy or water conservation measures described in RCW 80.28.005 (3)(b) have not previously been considered by the commission for inclusion in rate base, an electrical, gas, or water company may apply to the commission for approval of such costs. If the commission finds that the expenditures are bondable rate recovery expenditures, the commission shall by order designate such expenditures as bondable rate recovery expenditures, which shall be subject to RCW 80.28.005 , 80.28.303 , 80.28.306 , 80.28.490 , and 80.28.500 , and this section.

Purpose — Intent — Severability — Validity of actions taken pursuant to financing orders — Application — Effective date — 2025 c 310: See notes following RCW 80.28.005 .