54-8-24 - Payment to utilities -- Allowable costs. - Utah Statutes

State Codes and Statutes

Statutes > Utah > Title-54 > Chapter-08 > 54-8-24

54-8-24. Payment to utilities -- Allowable costs.
(1) In determining the conversion costs included in the costs and feasibility reportrequired by Section 54-8-7, the public utility corporations shall be entitled to amounts sufficientto repay them for the following, as computed and reflected by the uniform system of accountsapproved by the Public Service Commission, Federal Communications Commission, or FederalPower Commission:
(a) the original costs less depreciation taken of the existing overhead electric andcommunication facilities to be removed;
(b) the estimated costs of removing such overhead electric and communication facilities,less the salvage value of the facilities removed;
(c) if the estimated cost of constructing underground facilities exceeds the original costof existing overhead electric and communication facilities, then the cost difference between thetwo; and
(d) the cost of obtaining new easements when technical considerations make itreasonably necessary to utilize easements for the underground facilities different from those usedfor aboveground facilities, or where the pre-existing easements are insufficient for theunderground facilities.
(2) Notwithstanding Subsection (1), if conversion costs are included in tariffs, rules, orregulations filed with or promulgated by the Public Service Commission such conversion costsshall be the costs included in the costs and feasibility report.

Amended by Chapter 306, 2007 General Session

State Codes and Statutes

Statutes > Utah > Title-54 > Chapter-08 > 54-8-24

54-8-24. Payment to utilities -- Allowable costs.
(1) In determining the conversion costs included in the costs and feasibility reportrequired by Section 54-8-7, the public utility corporations shall be entitled to amounts sufficientto repay them for the following, as computed and reflected by the uniform system of accountsapproved by the Public Service Commission, Federal Communications Commission, or FederalPower Commission:
(a) the original costs less depreciation taken of the existing overhead electric andcommunication facilities to be removed;
(b) the estimated costs of removing such overhead electric and communication facilities,less the salvage value of the facilities removed;
(c) if the estimated cost of constructing underground facilities exceeds the original costof existing overhead electric and communication facilities, then the cost difference between thetwo; and
(d) the cost of obtaining new easements when technical considerations make itreasonably necessary to utilize easements for the underground facilities different from those usedfor aboveground facilities, or where the pre-existing easements are insufficient for theunderground facilities.
(2) Notwithstanding Subsection (1), if conversion costs are included in tariffs, rules, orregulations filed with or promulgated by the Public Service Commission such conversion costsshall be the costs included in the costs and feasibility report.

Amended by Chapter 306, 2007 General Session

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > Utah > Title-54 > Chapter-08 > 54-8-24

54-8-24. Payment to utilities -- Allowable costs.
(1) In determining the conversion costs included in the costs and feasibility reportrequired by Section 54-8-7, the public utility corporations shall be entitled to amounts sufficientto repay them for the following, as computed and reflected by the uniform system of accountsapproved by the Public Service Commission, Federal Communications Commission, or FederalPower Commission:
(a) the original costs less depreciation taken of the existing overhead electric andcommunication facilities to be removed;
(b) the estimated costs of removing such overhead electric and communication facilities,less the salvage value of the facilities removed;
(c) if the estimated cost of constructing underground facilities exceeds the original costof existing overhead electric and communication facilities, then the cost difference between thetwo; and
(d) the cost of obtaining new easements when technical considerations make itreasonably necessary to utilize easements for the underground facilities different from those usedfor aboveground facilities, or where the pre-existing easements are insufficient for theunderground facilities.
(2) Notwithstanding Subsection (1), if conversion costs are included in tariffs, rules, orregulations filed with or promulgated by the Public Service Commission such conversion costsshall be the costs included in the costs and feasibility report.

Amended by Chapter 306, 2007 General Session